GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
Here are the threebest money moves boomers should makethis tax season.
Ray said boomers could considerstocks and ETFs(exchange-traded funds) as another vehicle in the short-term.
However, investors should be prepared to act quickly.
He explained that generally, thefederal estate tax and gift taxare one tax.
Gifts made during ones lifetime and the value of ones estate at death are added together.
If they are below the exemption amount of roughly $14 million in 2025,no estate taxis due.
And that exclusion is $19,000 per person, Burtka said.
More From GOBankingRates
Share This Article:
The Latest inTaxes
