5 Money Moves to Make in January

Take these steps now to earn and save more this year. [SmartAsset]( Hi there, With the new year here, we wanted to share our January financial checklist. Here are top moves to make at the beginning of the year to maximize your money over the next 12 months. Estimate this year's income and taxes. Set aside just the right amount for Uncle Sam, and keep the rest. It's easy with our [Paycheck Calculator](. Build your 2020 budget. Now that you know your estimated take home pay, you can budget for any big expenditures, like buying a house or paying down a loan more quickly. Try our helpful [Budget Calculator.]( Set your 2020 retirement contributions. The contribution limit increased to $19,500 for employer-sponsored plans ($26,000 if you're 50 or older). Note the income phase-out limits for deductions - [more here](. Move your savings into a high-interest savings account. Start earning more interest now! [Compare interest rates among top banks.]( Create a comprehensive financial plan. Look toward the future. Is your savings, investing, and spending in support of where you want to be in 5 years? Consult a professional -- [match with 3 fiduciary advisors now.]( [Get Matched]( To smart financial decisions! The SmartAsset Team EACH MONTH AT SMARTASSET Over 10K U.S. households [match with fiduciary financial advisors]( to help them improve their economic outlook. 65M+ U.S. consumers use our [calculators]( and [articles]( to make financial decisions. Empowering people to make smart financial decisions. You are receiving this email because you are subscribed to the SmartReads newsletter. 632 Broadway New York, NY 10012 [View in browser]( | [Unsubscribe](