Year-End Money Moves on CBS This Morning
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 22 November 2019
⏱️ 4 minutes
🧾️ Download transcript
Summary
There are six weeks left in the year to take action on your income tax withholding and to meet critical deadlines for retirement plans. I joined CBS This Morning to discuss money moves to make before December 31.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Podcast. It's a bonus episode. I know before you get sucked |
| 0:09.6 | into the euphoria of the holiday season. |
| 0:12.8 | How about some smart money-making or money-saving moves |
| 0:17.6 | before the end of the year? |
| 0:18.9 | That's what I talked about on CBS this morning, this week. |
| 0:34.8 | In this morning's eye on money. on left in the year to take action on your income tax withholding and to meet critical deadlines for retirement plans. |
| 0:36.8 | CBS News Business analyst Jill Schlesinger is here with the money moves to make before |
| 0:41.9 | December 31st. |
| 0:43.0 | I'm upset you're here. |
| 0:44.0 | Tax Day is months away and you're in the case. |
| 0:48.0 | Right, I'm sorry, but only motivation. |
| 0:50.0 | Yes, you're ready to go. |
| 0:52.0 | Six weeks to figure out whether or not you're ready to go. Six weeks to figure out whether or not |
| 0:54.4 | you're going to have a really painful April or a good April. |
| 0:57.2 | Six weeks, that's it. |
| 0:58.4 | First thing we want people to do is check their withholding. |
| 1:01.4 | How much did you set aside? |
| 1:03.4 | Go to IRS.gov, they've got a withholding estimator, and you might need to make an adjustment. |
| 1:08.0 | You go to your boss and you say either maybe take more money out before the end of the year so I don't |
| 1:12.3 | have to pay a big bill or maybe take more money out before the end of the year so I don't have to pay a big bill or maybe |
| 1:13.8 | take less money out and then I have a little bit more cash flow for the holidays but you've got to |
| 1:19.0 | check it. |
... |
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