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Asset Planning Corporation – Knoxville, TN
Asset Planning Corporation - Knoxville, TN
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  • Home
  • Our Clients
    • Prime Time Savers
    • Approaching Retirement
    • Purposeful Retirees
  • How We Help
  • About Us
    • History & Values
    • Charity of the Month
    • Meet Your Team
      • JOE OTTAVIANO, CFP®, CKA®
      • PAUL K. FAIN, III, CFP®
      • SUZANNE HORNICK, CFP®
      • KATHY PATTY, FPQP®
      • ADAM KORNEGAY, CFP®
      • STEVE CARLSON
      • HOLLY GRAY, FPQP®
      • DANIEL MYERS
      • RANDEE SCHOENIKE
  • RESOURCES
    • Blog
    • Free Downloads
  • CONTACT

charitable contributions

Special Tax Provision only for Age 70 and Above!

Blog, Tax PlanningBy Joe Ottaviano, CFP®February 20, 2019

Give Directly From Your IRA to Your Favorite Charity Background: In the year that a taxpayer reaches age 70-1/2, the IRS requires minimum distributions (RMD) to begin. If you do not need all of the RMD for living expenses, there is a provision which allows distributions to be made directly to a qualified charity thereby excluding…

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Knoxville News Sentinel: Financial Stocking Stuffers

Blog, Cash Flow Planning, Current Events, InvestingBy Paul Fain, CFP®December 25, 2016

As you pull down the stockings with care to see if St. Nicholas was there, I will stuff some stuff to make you aware. There are still five business days in 2016 to make last-minute changes to your personal financial plan. If your blessings exceed your needs, you can make tax-free gifts up to $14,000…

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