In the final ‘Dr. Friday Tax Tips – One Minute Moment’ of 2023, Dr. Friday underscores the importance of year-end financial actions. She emphasizes that the last day of the year is crucial for making adjustments to 401k contributions through employers, as these need to be completed within the current year. Additionally, she advises listeners to review and update their W-4 forms to ensure appropriate withholdings or credits for the upcoming year. This proactive approach can help individuals start the new year on a strong financial footing. For personalized assistance, Dr. Friday offers her contact details. She also reminds listeners about her live call-in show every Saturday on 99.7 WTN.
G’day. I’m Dr. Friday president of Dr. Friday’s Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one-minute moment.
It’s actually the last one we’re gonna have for 2023. New Year’s is on top of us so I do want to put a little bit of a thought out there anyone that might have the ability to make some sort of adjustment to a paycheck today would be the last day because anything that has for 401k’s that come through employers needs to be done in the year it happens. So maybe you’re lucky enough to be able to make some sort of adjustment. Also if you really want to start the New Year’s out double check your W-4 form make the adjustments so you have a full year of the new withholdings or new credit to your check. If you need help you can call me 615-367-0819.
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.