7 ways to help reduce taxes

Plus, Roth IRAs, tax credits for kids, hidden fees, and more.

February 27, 2025 View in a browser

FIDELITY VIEWPOINTS® WEEKLY EDITION: February 27, 2025

7 ways to help reduce taxes Get these tax moves onto your radar now, so you can work them into your planning through the year. Make a move Roth conversion 2.0 Pro tips to reduce taxes, boost savings (and your legacy) with this little-known Roth conversion technique. Get the steps 9 reasons you may want this account Roth IRAs are packed with powerful tax advantages plus a unique amount of flexibility. Tax-free growth potential Animal spirits are running high. Is that bad? Some investors are worried the market has been running on fumes. Here’s what history can tell us about the stock market’s health. Get our pro’s take How to shop for bonds Hidden fees can eat into your returns—here’s what to look for. Shop smart Want market growth without losses? Learn the ins and outs of increasingly popular index-linked annuities. Pros and cons A major tax credit for caregivers Parents and caregivers should make sure they look into this $2,000 childcare tax credit this tax-filing season. Get the details Market Sense: Got crypto FOMO? The Market Sense team weighs the pros and cons of crypto in your portfolio, and the potential impact of deregulation. Watch now Tax-smart moves Open and fund a Fidelity IRA by April 15. You may reduce your taxable income for 2024. Open your IRA Fund your IRA

Like this newsletter? Forward to a friend or family member and invite them to subscribe. Or visit our Viewpoints home. Have a nice day! Your Viewpoints Team

Contact Us   |   Refer a Friend   |   Fidelity Mobile®   |   Unsubscribe

Before investing, consider the investment objectives, risks, charges, and expenses of the fund, exchange-traded fund, or annuity and its investment options. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

This information is intended to be educational and is not tailored to the investment needs of any specific investor. Past performance is no guarantee of future results.

Annuity guarantees are subject to the claims-paying ability of the issuing insurance company.

Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. The stocks mentioned are not necessarily holdings invested in by Fidelity. References to specific company stocks should not be construed as recommendations or investment advice. The statements and opinions are those of the speaker, do not necessarily represent the views of Fidelity as a whole, and are subject to change at any time, based on market or other conditions. In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

Exchange-traded products (ETPs) are subject to market volatility and the risks of their underlying securities, which may include the risks associated with investing in smaller companies, foreign securities, commodities, and fixed income investments.

There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared to a single option trade. Sector investing can be more volatile because of their narrow concentration in a specific industry. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. Investors in digital assets could lose the entire value of their investment. Diversification cannot ensure a profit or protect against loss.

Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. Your ability to sell a CD on the secondary market is subject to market conditions. If your CD has a step rate, the interest rate of your CD may be higher or lower than prevailing market rates. The initial rate on a step rate CD is not the yield to maturity. If your CD has a call provision, which many step rate CDs do, please be aware the decision to call the CD is at the issuer's sole discretion. Also, if the issuer calls the CD, you may be confronted with a less favorable interest rate at which to reinvest your funds. Fidelity makes no judgment as to the credit worthiness of the issuing institution.

Fidelity does not provide legal or tax advice and the information provided above is general in nature and should not be considered legal or tax advice. Consult with an attorney or tax professional regarding your specific legal or tax situation. The third parties mentioned herein and Fidelity Investments are independent entities and are not legally affiliated. The third-party trademarks and service marks appearing herein are the property of their respective owners.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1037578.133.0    CV4 EMAIL REF# personas_2j1IPE9l7ecCYO3xs7INy5MDH1R.4162499 © 2025 FMR LLC. All rights reserved.