As 2025 comes to a close, it’s the perfect time to make sure your retirement and investment accounts are in order. Below is a list of year-end reminders—from RMDs and charitable giving deadlines to capital gains reviews and IRA contributions—that can help you finish the year strong and start 2026 with confidence.
Required Minimum Distributions (RMDs)
For IRA owners age 73 and older, and certain IRA beneficiaries, RMDs must be taken by December 31. Missing this deadline can result in costly penalties.
- Confirm your distributions before year-end
- Reach out to us if you’re unsure about your requirements
Charitable Giving & Year-End Deadlines
Charitable gifts, contributions to Donor Advised Funds (DAFs), and Qualified Charitable Distributions (QCDs) must be completed by December 31 to count for the 2025 tax year. Beyond the tax benefits, this is a meaningful way to support causes you care about.
Capital Gains & Losses
Review your taxable accounts for realized gains or losses. Strategic planning before year-end may help offset gains and reduce your tax burden.
IRA Contributions
Don’t forget that IRA contributions for 2025 can be made until mid-April 2026. Both Traditional and Roth IRAs are eligible for contributions.
- Contribution limits: $7,000 (plus $1,000 catch-up if you’re age 50+)
- A smart way to continue building retirement savings into the new year
Tax Forms: Watch for 1099s
As you prepare for tax season, remember that not all 1099 forms arrive in January. Many are sent later, sometimes as late as March. Staying organized now will help you avoid scrambling when it’s time to file.
Schedule an Annual Review
One of the best ways to feel confident about your year-end planning is to schedule an annual review. During this meeting, you’ll walk through your checklist together to ensure:
- All requirements, such as RMDs, are handled in compliance with IRA rules
- Charitable giving and contributions are properly documented before deadlines
- Opportunities to reduce taxes or offset gains are fully explored
- Your retirement savings strategy is aligned with your long-term goals
An annual review provides peace of mind and helps you make the most of tax-saving opportunities while keeping your investments on track.
Year-end planning is more than checking boxes—it’s about setting yourself up for success in 2026. By addressing these key areas now, you’ll enter the new year with confidence and clarity. Give us a call to schedule your annual review with one of our CETRIFIED FINANCIAL PLANNER PROFESSIONALS®, Mick Snieder and Tyler Klyn.
Leighton Investment Services is here to guide you every step of the way.