4 Best Boomer Money Moves in Late 2025

Core Insights - The article emphasizes the importance for baby boomers to make strategic financial moves in the final months of 2025 to prepare for retirement and the upcoming year [2][3]. Group 1: Financial Strategies for Baby Boomers - Maxing out retirement accounts such as 401(k)s, IRAs, and Roth IRAs is crucial for boomers still in the workforce, as it allows for compounding growth and tax advantages [4][5]. - For individuals aged 73 or older, planning for required minimum distributions (RMDs) is essential to avoid penalties, with a deadline of December 31 for most and April 1, 2026, for those who turned 73 this year [6]. - Charitable donations can help reduce tax burdens for those aged 70 1/2 and older, allowing them to bypass RMD rules by donating up to $108,000 directly to charities [7]. - Considering a Roth conversion can be beneficial for many boomers, as it allows them to settle tax obligations on pre-tax retirement accounts sooner, potentially leading to long-term gains despite an immediate tax bill [9].