Unlock the secrets to aligning your philanthropic spirit with savvy tax strategies by utilizing Qualified Charitable Distributions (QCDs). Discover how these powerful financial tools can help you support your favorite charities while managing your taxable income more effectively, especially when dealing with required minimum distributions from your IRA.
In this episode, we navigate the complexities of IRS regulations, unveiling how QCDs can smartly satisfy required minimum distributions and offer a substantial boon to your favored nonprofit organizations, all the while keeping an eye on your financial well-being.
For this week’s Kingdom Minute, we’ll discuss letting people borrow money and how to handle that debt.
Here’s some of what we discuss in this episode:
Get in touch with Chessman Wealth: https://www.chessmanwealth.com/
The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.
Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.
Ep 14: Everything You Need To Know About Roth Conversions
Ep 13: How To Account For Emotions In Your Financial Plan
Ep 12: What You Need to Know About The SECURE Act
Ep 11: Is 'Cash' Good or Bad
Ep 10: Managing Debt and Retirement Planning
Ep 9: Attending to Your Financial Well-Being After Your Spouse Passes
Ep 8: Avoiding Critical Estate Planning Mistakes
Ep 7: Sabotaging Your Own Retirement
Ep 6: It's Good To Have Awkward Conversations
Ep 5: Retirement Constants That Affect Everyone
Ep 4: What Will The Next Market Crash Look Like?
Ep 3: Even Responsible Savers Make Mistakes
Ep 2 Busting The Biggest Financial Myths
Ep 1: 3rd & 4th Quarter Planning To-Do List
Ep 0: Getting To Know Wade Chessman & The New Podcast
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast