The Financial Call - Guided Path 3-1 Investing Basics

Nov 13, 2023

Guided Path 7-3 Qualified Charitable Distributions

Let’s continue to learn how to reduce your taxes while increasing your giving potential! More specifically, with the help of Qualified Charitable Distributions! In this episode, Zacc Call and Laura Hadley discuss the benefits of Qualified Charitable Distributions (QCDs) for individuals aged 70.5 or older. They explain how QCDs (Qualified Charitable Distributions), made directly from pre-tax IRA accounts to charities, can reduce taxable income and potentially lower Medicare premiums. They also discuss the importance of timing these distributions to maximize tax savings. They cover the limitations of QCDs, such as the inability to donate to donor-advised funds. Zacc and Laura discuss: * The potential of your QCDs (Qualified Charitable Distributions) * Why timing is everything: How to time your charitable contributions effectively * Everything you need to know about RMDs (Required Minimum Distributions) when charitable giving * How to use your Qualified Charitable Distributions to satisfy your personal Required Minimum Distributions * And more Resources: * Guided Path 7-1 Charitable Giving: Donating Cash vs. Stocks * Guided Path 7-2 Timing Your Charitable Giving Connect with Capita Financial Network: * info@capitamail.com * tfc@capitamail.com * (801) 566-5058 * Capita Financial Network * LinkedIn: Zaccary Call * LinkedIn: Laura Hadley * LinkedIn: Capita Financial Network * Facebook: Capita Financial Network

26 min