Blankinship & Foster, LLC Fiduciary Financial Advisors’ Post

Clients and advisors should be aware of a variety of retirement plan distribution issues in light of the SECURE Act and SECURE 2.0, writes Jim Barbee, who discusses topics such as inherited IRAs, required minimum distributions, trusts and qualified charitable distributions.Full Story: https://lnkd.in/en-9jqYv  #cavalierassociates #financialintelligencereport #ira

Clients and advisors should be aware of a variety of retirement plan distribution issues in light of the SECURE Act and SECURE 2.0, writes Jim Barbee, who discusses topics such as inherited IRAs, required minimum distributions, trusts and qualified charitable distributions.Full Story: https://lnkd.in/ghQppztk  #cavalierassociates #financialintelligencereport #ira

Clients and advisors should be aware of a variety of retirement plan distribution issues in light of the SECURE Act and SECURE 2.0, writes Jim Barbee, who discusses topics such as inherited IRAs, required minimum distributions, trusts and qualified charitable distributions.Full Story: https://lnkd.in/eeJJgAsi  #cavalierassociates #financialintelligencereport #ira

Are you looking to make a positive impact with your retirement savings? Discover how qualified charitable distributions (QCDs) can help you support your favorite causes while enhancing your tax strategy. From age and account requirements to potential financial advantages, we break down what you need to know. Read more: https://lnkd.in/gEfta2c7 #QCD #CharitableGiving #RetirementPlanning #TaxStrategy #SECUREAct

Maximize your retirement savings and give back at the same time! Learn how Qualified Charitable Distributions (QCDs) can help you reduce your Required Minimum Distributions (RMDs) and optimize your tax benefits. #RetirementPlanning #TaxStrategy #CharitableGiving #cornerstonewealthstrategies #kennewickwa #tricitieswa

For many retirees, effective #taxplanning is a pivotal aspect of maintaining financial stability and maximizing resources. Qualified Charitable Distributions can be a game-changer for your retirement strategy, particularly with tax changes coming in 2026. Learn more:

As 2024 winds down, now is the perfect time to take a closer look at your financial strategy. From maximizing your retirement contributions to leveraging charitable giving and tax-loss/tax-gain harvesting, our latest blog post breaks down 11 quick actionable ideas to help you close the year on a high note!

As 2024 winds down, now is the perfect time to take a closer look at your financial strategy. From maximizing your retirement contributions to leveraging charitable giving and tax-loss/tax-gain harvesting, our latest blog post breaks down 11 quick actionable ideas to help you close the year on a high note!

Here are the three new Required Minimum Distribution (RMD) rules for 2024 that The Motley Fool believes everyone should be aware of to avoid tax and fee costs: 1. Starting in 2024, Roth 401(k)s no longer require Required Minimum Distributions (RMDs), offering retirees more control over their withdrawals and tax-free growth. 2. Beneficiaries who inherited IRAs between 2020 and 2024 can skip RMDs for 2024, providing flexibility in tax planning and potentially reducing overall tax liabilities by deferring withdrawals. 3. Seniors aged 70 ½ or older can donate up to $105,000 annually from their IRAs directly to charities as QCDs, which count towards RMDs and are tax-free, offering tax benefits for charitable giving and retirement planning. https://lnkd.in/erBc4HTT #retirement #TaxPlanning #seniors

As the year winds down, it’s the perfect time to review your financial plan. Aspiriant’s 9 essential year-end strategies are designed to maximize retirement savings, reduce taxes and streamline your wealth strategy for a strong start in 2025. From boosting your 401(k) to optimizing charitable giving, these actionable steps keep your finances on track. https://buff.ly/4ffTqQl #YearEndPlanning #WealthManagement #FinancialSuccess #Aspiriant