GOLDEN VALLEY, Minn. — It's crazy how fast time passes. Take a look at the calendar - there's just over a month left in 2024.
And while a month may not feel like much, there's still plenty of opportunity to make some financial moves that will end the year with a bang, and set the table for a successful 2025.
Financial Advisor Ayo Idowu visited KARE 11 News at Noon to go over a "to do" list with anchor Alexis Rogers. Among his recommendations:
Take a look at your IRA and Roth IRA contributions - If you have not met your yearly contribution limits and have some extra cash on hand, it might be a time to do some extra funding.
Review your company 401K - Consider whether to up your contribution percentage, look at allocations and whether they should be changed or rebalanced.
Prepare for taxes - Get your documents together, move to write off portfolio losses, and if you can... pay that January mortgage early.