Tag: Tax Efficiency
The Unwritten Rules Of The Financial Road (Ep. 10)

The Unwritten Rules Of The Financial Road (Ep. 10)

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While many believe that financial success is solely determined by following conventional rules, Jason Coddington is here to challenge these beliefs.

Jason takes you on a journey through the unwritten rules of financial freedom. Using relatable metaphors and real-life examples, he effortlessly connects societal norms to essential financial principles, making complex concepts easy to understand and apply.

Key Highlights:

  • Rule of 72: Understand how to estimate investment doubling times with this simple, yet powerful, formula
  • Unwritten Financial Rules: Explore key rules such as spending less than you earn, paying yourself first, and managing spending with Parkinson’s Corollary
  • Saving Discipline: Learn the importance of saving 10% of your income and building an emergency fund
  • The “Piggy Bank Factor” and Withdrawal Strategies: Discover disciplined saving and retirement withdrawal strategies, including the ‘10% rule’ for savings and ‘4% rule’ for retirement withdrawals
  • Engaging Analogies: Absorb these financial strategies through relatable analogies
  • And much more!

Tune in to transform these insights into your personal finance strategy.

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How To Provide Charitable Gifts Through QCDs (Ep. 9)

How To Provide Charitable Gifts Through QCDs (Ep. 9)

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Want to make a meaningful charitable impact in your retirement years?

Join Jason Coddington of Coddington Wealth Advisors in the latest Money Metaphors episode as he demystifies Qualified Charitable Distributions (QCDs). This tool is a big breakthrough for savvy families and business owners aiming to blend philanthropy with tax efficiency. Learn how QCDs can be seamlessly incorporated into your retirement and estate plans, maximizing your charitable impact.

Key Highlights:

  • QCD Fundamentals: Dive into what QCDs are and how they’re tied to the Required Minimum Distribution rules for those over 73
  • Tax Reduction Tactics: Discover how QCDs can significantly reduce your taxable income, particularly beneficial for the philanthropically minded
  • Direct Transfer Essentials: Learn the critical process of moving funds directly from your IRA to charities to capitalize on tax benefits
  • Generous Provisions: Uncover the ability to donate up to $100,000 in one-time charity distributions for substantial tax savings
  • Recent Tax Law Effects: Gain insight into how the Tax Cuts and Jobs Act of 2017 makes QCDs even more advantageous due to the rise in standard deduction
  • Eligibility & Steps: Understand who qualifies for QCDs and the simple steps involved in executing them with the help of a financial advisor.

Explore these topics and uncover more valuable financial insights in this compelling episode.

 

Connect with Jason Coddington:

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