A Tax Break Worth the Hassle, Ep # 332

Published: Jan. 22, 2024, 9 a.m.

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Some tax breaks aren\\u2019t worth the hassle of pursuing them, however, today\\u2019s example is definitely worth the hassle!

If you are charitably minded you\\u2019ll want to listen to learn about the advantages of making qualified charitable distributions. Discover how to increase your standard deduction while enjoying charitable tax benefits.\\xa0

Stick around for the listener question to hear a great way to start practicing spending your money when you have been over-flexing your savings muscle.\\xa0

Outline of This Episode

  • [2:22] The power of qualified charitable distributions
  • [5:56] How IRMAA thresholds work
  • [7:27] Three key takeaways
  • [12:41] How to convince your spouse that you have enough money to retire

Resources & People Mentioned

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