A Tax Break Worth the Hassle, Ep # 332

Retirement Starts Today

Some tax breaks aren’t worth the hassle of pursuing them, however, today’s example is definitely worth the hassle!

If you are charitably minded you’ll 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.

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.

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

• The Retirement Podcast Network

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