2021 Year-End Planning Guide
JD, LLM, CEPA | Director of Wealth Planning
Between the COVID-19 pandemic and a new administration seeking to fulfill on its campaign promises, we’ve been left with a mixed bag of economic conditions to contend with. This bag includes high inflation rates, soaring home values, supply chain and hiring difficulties, and potential income tax increases.
As we approach the end of 2021, it's time to review your financial plan and consider options to protect your wealth to the best of your ability.
We've created our Year-End Planning Guide and Checklist to provide you with important considerations to help you, including:
- How to lower tax exposure with potential income tax increases looming
- Maximizing opportunities in a continued low interest rate environment
- Reviewing your cash flow for today and the future with higher inflation in the picture
This information is provided for educational purposes only and should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. First Citizens Bank (or its affiliates) neither endorses nor guarantees this information, and encourages you to consult a professional for advice applicable to your specific situation.
Your investments in securities, annuities and insurance are not insured by the FDIC or any other federal government agency and may lose value. They are not a deposit or other obligation of, or guaranteed by any bank or bank affiliate and are subject to investment risks, including possible loss of the principal amount invested. Past performance does not guarantee future results.
First Citizens Wealth Management is a registered trademark of First Citizens BancShares, Inc. First Citizens Wealth Management products and services are offered by First-Citizens Bank & Trust Company, Member FDIC; First Citizens Investor Services, Inc., Member FINRA and SIPC, an SEC-registered broker-dealer and investment advisor; and First Citizens Asset Management, Inc., an SEC-registered investment advisor.
Brokerage and investment advisory services are offered through First Citizens Investor Services, Inc., Member FINRA and SIPC. First Citizens Asset Management, Inc. provides investment advisory services.
Bank deposit products are offered by First Citizens Bank, Member FDIC.