Tax traps

Don't fall for these 8 tax pitfalls this filing season. Plus, why the time may be ripe for Treasurys, and estate planning moves to make before current limits expire.

February 15, 2024 View in a browser

FIDELITY VIEWPOINTS® WEEKLY EDITION: February 15, 2024

8 tax traps to avoid this filing season Steering clear of these pitfalls could help avoid a letter from the IRS—and potentially boost your refund. Mind the trap 3 ways to use your Roth IRA, beyond retirement It can be an emergency fund, a down-payment boost, and even a source for generational wealth. Harness its power Changes ahead for estate and gifting limits Gifting and estate exemptions are set to drop after next year. Here's what to consider doing now. Maximize your gifting A buying opportunity for Treasurys? The current window of opportunity could close surprisingly quickly, says Fidelity's Jeff Moore. Don't miss it Growth potential? Check. Tax-free? Check. Yes, you read that right. A Roth IRA can offer all this—plus flexibility if your plans change. Get started Investing made easy With $0-commission trades and free technology and tools, our full-featured brokerage account unlocks what you need to grow as an investor. Open a brokerage account

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