Your Pre-2020 Financial Checklist
What to Do Before This Year Comes to a Close
2019 is quickly coming to a close, which means it’s time to prepare for 2020. Taking the time to organize all your financial documents during these next two months will give you the head start you need for next year. Here are a few action items to complete before Dec. 31, 2019. Review your estate plans. Check to see if you need to update your estate plan. If it hasn’t been updated in the past 3–5 years, now is the time to do so. Additionally, if your assets have changed, you’ve recently moved to a different state, there’s been a change in the family situation, or your retirement plan has become outdated, you should strongly consider updating your plan. Examine your health insurance. By reviewing your health insurance, you’re preparing yourself for change. Most health insurance plans will reset on Jan. 1, 2020, which means you might
need to schedule an appointment with
outstanding bills for prescriptions, copays, therapy treatments, or health programs, now is your chance to use what’s left in your FSA to catch up. Transition from an IRA to a Roth IRA. Many individuals want tax-free investments for their retirement, which is why they consider a Roth IRA. Under certain requirements, any withdrawals taken from a Roth IRA account will be tax free; however, the problem lies in meeting those requirements. Schedule an appointment with us to see if you can convert to a Roth IRA or to find other options to help you remain tax-free in your retirement. If you need help with your affairs before the end of the year, be sure to call our offices today. Our team at Wolf Retirement is here to help you prepare for the future.
your carrier or agent to see if there are any
changes coming your way that are advantageous to you. You may also want to schedule an appointment to ensure your health insurance
status is ready to go for the new year. Mike Harper in our office is available to discuss Medicare plans. So just give us a call to set an appointment to do so.
Check your FSA. Often, the balance for employer-
provided dependent care doesn’t carry over into the new year. This means that any existing balances on the flexible spending account (FSA) will be returned to the employer, not added to the new balance in 2020. If you have any
SUDOKU
Turkey is, for the most part, a healthy and lean protein. Thanksgiving sides, on the other hand, tend to be a little more indulgent. This year, eschew the classic, creamy green bean casserole in favor of this lighter, healthier, and altogether tastier option.
INGREDIENTS
• 2 lbs whole green beans, ends trimmed • 6 tbsp extra-virgin olive oil • 2 garlic cloves, thinly sliced
• 1/2 tsp ground ginger • 1 tsp crushed red pepper • Kosher salt, to taste
DIRECTIONS
1. Bring a large pot of salted water to a boil. To the side of the stove, prepare a large bucket of ice water. 2. Cook beans in boiling water for 4 minutes. Immediately transfer to ice water. Drain and pat dry. 3. In a large skillet, heat oil over medium-high heat. Add garlic and
cook until fragrant, 30 seconds. Stir in ground ginger and crushed pepper. Add green beans. 4. Cook together for 2–3 minutes. 5. Transfer to plate and serve.
Answer on Page 4
2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island
www.wolfretirement.com | 3
Made with FlippingBook - professional solution for displaying marketing and sales documents online