Towerpoint Wealth

Helping you remove the hassle of properly coordinating all of your financial affairs, so you can live a happier life and enjoy retirement.

[Towerpoint Wealth @twrpointwealth]

It was a very educational and informative 60 minutes this past Wednesday, as our #cryptocurrency webinar was a hit!

Click below to watch the video replay, & be sure to follow us on YouTube as well! #crypto #digitalassets #digitalasset #bitcoin #ethereum

https://t.co/qKhSCrbGzb

[Towerpoint Wealth @twrpointwealth]

Excellent EOY #taxplannong list, @TKopelman! 👍

[Thomas Kopelman 💵 @TKopelman]

We are officially approaching the last 2 months of the year which means that you should start making end of year tax planning/financial planning moves

Now you may be wondering, "what are those strategies I should be considering?"

Let me walk you through 21 moves to consider making that can have a huge impact on your financial future

Let's get right into it.

1. Max out your 401k, 403b, 457, etc

2. Max out your Roth IRA (you have until the tax filing deadline on this one)

3. Max out your HSA

4. Max out your 529 plan to the state tax benefit or even more

5. Use all of your dependent care FSA funds

6. Use FSA funds as most are use it or lose it

7. Do tax loss harvesting on your taxable investment accounts

8. Do some tax gain harvesting within your taxable investment accounts

9. Consider electing into your ESPP for next year to take advantage of the discount

10. Sell ESPP funds that became yours in December (if you want to lock in the discount)

11. Do Roth conversions to fill up/maximize lower tax brackets

12. Exercise ISO's up to the AMT threshold (or maybe even past if it's part of your plan)

13. Exercise NSO's if it makes sense

14. Look through your paycheck and make sure you have withheld enough for taxes

15. Do megabackdoor Roth if your company allows it and you have extra money

16. Donate cash to charity (maybe even consider bunching/donor advised fund to get even more in deductions)

17. Donate highly appreciated securities (before selling to avoid the capital gains tax)

18. Do a cost segregation study on your property and bonus depreciate it while bonus is still at 80%

19. Invest in a qualified opportunity zone if you have a large capital gain to defer

20. Prepay property taxes to hit $10,000 max deduction (if married)

21. Gift money to children under the limit ($17k per person per spouse)

All of these can be super impactful

Take a look at which ones apply to you and go make these moves

Your future self will thank you

[Towerpoint Wealth @twrpointwealth]

Impressive spreadsheet, @markcecchini 👍💰

[Towerpoint Wealth @twrpointwealth]

@lonniedickson @darrenrovell @arikarmstead Yes!!!!!

[Towerpoint Wealth @twrpointwealth]

Wow. 😯 “Thanks” for sharing this, @darrenrovell. Almost HALF of @arikarmstead’s earnings back to #UncleSam. 🤦‍♂️

#reducetaxes #minimizetaxes #taxminimization

[Darren Rovell @darrenrovell]

49ers defensive end Arik Armstead shares a game check.

He makes $393,055 a game.

49.3% comes out in taxes.

[Towerpoint Wealth @twrpointwealth]

@lonniedickson Couldn’t agree more, @lonniedickson - salud! 🍺 🏃‍♂️

[Towerpoint Wealth @twrpointwealth]

Peter Lynch, 1994 - spot on!

✅ People get too carried away
✅ First of all, they try to predict the stock market
✅ That is a total waste of time!

🎤🔥💰 #bedisciplined #haveaplan #behumble #wealthmanagement #dontpredict #TrustTowerpoint

[Towerpoint Wealth @twrpointwealth]

Nice approach, @jojo_esch2025! 🥎

[Josephine Eschleman @jojo_esch2025]

Rbi single from this weekend. Didn’t end up how we wanted it to, but ready to bounce back next weekend in Lodi! @AasaBryson @AasaTeams @stef_ewing @fearny37 @_shayknighten @GCarbonatto @Trisha_Ford @UHawaiiSoftball @JustinShults33 @tairiaflowers @CalPolySoftball @Amy_Hayes22

[Towerpoint Wealth @twrpointwealth]

#WarrenBuffett on the best way to become a better #investor. 📚 💰

His punchline at the end is great - wait for it…!

#bedisciplined #haveaplan #read #readbooks #reading #readingiscool #investing

[Towerpoint Wealth @twrpointwealth]

This could be our new favorite Charlie Munger quote!

@cmungerquotes #haveaplan #bedisciplined

[Towerpoint Wealth @twrpointwealth]

#doubleit #doubleyourmoney #ruleof72

Thanks to @VisualCap for the infographic!

[Towerpoint Wealth @twrpointwealth]

@jojo_esch2025 @USDSoftball @CoachMJKnighten @_shayknighten @AasaBryson @AasaTeams @AASA_training Nice work, @jojo_esch2025! 🥎

[Towerpoint Wealth @twrpointwealth]

Fun closing evening, @FutureProofAC - Meth and Reggie Noble were awesome, as was @glove!

[Future Proof @FutureProof_HQ]

Let’s just say last night was iconic! @methodman @therealredman 🎤

[Towerpoint Wealth @twrpointwealth]

@FutureProofAC First time FutureProofers here at Towerpoint Wealth. Pumped up! 🌴 💰 🤝 🍹

[Towerpoint Wealth @twrpointwealth]

TPW is excited to represent at @FutureProofAC, this Sunday - Wednesday! 💰👍

[Future Proof @FutureProof_HQ]

Sneak peeks 🫣 #futureproofAC

[Towerpoint Wealth @twrpointwealth]

Simply put and well-said, Charlie Munger and @WarrenBuffett.💰

Click 👍 if you agree.

#payyourselffirst #bedisciplined #haveaplan #savemoney #TrustTowerpoint #WarrenBuffett #CharlieMunger

[Towerpoint Wealth @twrpointwealth]

💰 Well said, #WarrenBuffett - click 👍 if you agree!

#buildwealth #payyourselffirst #haveaplan #bedisciplined #TrustTowerpoint

[Towerpoint Wealth @twrpointwealth]

💰 #dividends - massively important when working to #buildwealth and #protectwealth.

Hit thumbs up 👍 if you agree!

#haveaplan #dividend #dividendinvesting #bedisciplined

[Towerpoint Wealth @twrpointwealth]

💰 Build your wealth!

It is important to know the details about the main types of retirement accounts, and to MAX THEM OUT if you are able!

#401k #401kplans #401kplan #IRA #rothira #roth401k #haveaplan #bedisciplined #buildwealth #buildyourwealth

[Towerpoint Wealth @twrpointwealth]

Does the #AmericanDream hinge on obtaining a college degree? 📷📷Click on the link to get a better perspective in reading our most recent Trending Today newsletter! https://t.co/U0quQYgSvx

#AmericanDream #CollegeDegreeDebate #EducationMatters #Opportunity #TrustTowerpoint

[Towerpoint Wealth @twrpointwealth]

Well said, @jasonfurman - a truly bizarre decision by @FitchRatings…

[Jason Furman @jasonfurman]

This is completely absurd. And is more likely to show that Fitch is irrelevant to the views of investors in U.S. sovereign debt than it is to show investors anything about the United States.