4 Things to Get Done Before 2012 Endshttp://www.fool.com/retirement/general/2012/11/23/4-things-to-get-done-before-2012-ends.aspx Dan Caplinger
November 23, 2012
The holiday season is in full swing. But for investors, the end of the year is fast approaching, and that means you have just a little more than a month left in the year to take care of all the financial matters that need attending before 2013 rolls in.
It's not just about the fiscal cliff
1. Fund your retirement accounts.
But not all retirement accounts get treated the same way. With 401(k) plans and other work-sponsored retirement plans, Dec. 31 is the drop-dead date for getting money set aside for retirement. For IRAs, on the other hand, the IRS gives you until April 15 to make contributions for the prior year. Still, even with IRAs, the earlier you can get money into your retirement account, the greater the benefit of tax-deferred or tax-free savings.
2. Rebalance your portfolio.
This year, both the stock and bond markets have posted modest gains, making broad-based rebalancing less vital. But if you make sector-specific calls with individual stocks in your portfolio, your success stories may leave you with highly concentrated positions. For instance, even after its recent pullback, Apple's(NASDAQ: AAPL)continued success this year has created concentration problems even in passively managed exchange-traded funds, as well as individual portfolios. Also, signs of