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 72: Why I Went Independent
Ep 71: Getting Through A Bear Market
Ep 70: Why Retirement Planning Ain’t What It Used to Be
Ep 69: Picking Sides in Important Financial Debates (Part 2)
Ep 68: Picking Sides in Important Financial Debates (Part 1)
Ep 67: Secret to Retirement Success - Get Out of Your Own Way
Ep 66: Counting Down the Days to Financial Independence
Ep 65: The Most Important Birthdays in Retirement Planning
Ep 64: Clearing Up the Financial Jargon
Ep 63: When Guessing At Retirement’s Most Important Questions Goes Wrong
Ep 62: Murky Issues that Make Retirement Planning Harder
Ep 61: What is the Smart Generations Program?
Ep 60: Changes That Will Impact Financial Planning in 2022
Ep 59: Planning for the Things We Can’t Predict
Ep 58: The Chessman Distinctives
Ep 57: What Is a Fiduciary?
Ep 56: How Are Social Security Benefits Calculated
Ep 55: Advisors that Drop the Ball
Ep 54: Tax Planning Strategies
Ep 53: Why Core Values Matter with Jim Fite
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast