Smart Money Moves Before December 31st
As the year winds down, December becomes one of the most powerful months for taking control of your financial future. At L Hamilton Financial Group (LHFG) here in Amarillo, we’ve helped more than 1,500 families and individuals build confidence in their financial planning—and the end of the year is the perfect time to make sure you’re stepping into 2026 prepared, protected, and empowered.
Start the new year with clarity and confidence.
The holiday season may be busy, but a few intentional money moves before December 31st can make a meaningful impact on your taxes, retirement strategy, and overall financial well-being. Below are several key year-end opportunities to review with your advisor or schedule time to discuss with our team.
1. Review Your Retirement Contributions
Are you contributing enough to your retirement accounts before the annual deadline? Maximizing contributions—or even increasing them slightly—can help lower your taxable income while accelerating your path toward long-term financial security. December is your final chance to review workplace plans, IRAs, and other retirement vehicles before the year closes.
2. Consider a Roth Conversion
A Roth conversion allows you to move money from a pre-tax retirement account into a Roth IRA, potentially creating long-term tax-free growth. If 2025 has been a lower-income year or you want to strengthen your future tax diversification, this may be the ideal time to evaluate whether a conversion makes sense.
3. Maximize Charitable Giving Opportunities
December is the season of generosity—and your giving may also provide valuable tax advantages. Whether you donate cash, goods, or use tools like donor-advised funds, strategic charitable planning can support the causes you care about and reduce your tax burden. We love helping families and teachers in our community make an impact the smart way.
4. Review Your Insurance Coverage
Winter weather and holiday travel can bring unexpected risks. Now is a great time to review your home, auto, and life insurance policies to ensure your coverage is up to date and your family is protected. Small adjustments today can prevent costly surprises tomorrow.
Let’s plan your best year yet!
At LHFG, we’re passionate about helping Amarillo families achieve financial peace of mind through modern, friendly, and accessible planning. We’d love to help you step into 2026 with a strong foundation.
Our January planning sessions are filling quickly, and this is the perfect moment to sit down, update your financial goals, and ensure your insurance and investment strategies are aligned with your long-term needs.