Read Ann Carrn's New York Times Article Of A Certain Age? You May Need to Withdraw Money From a Retirement Account to learn about Required Minimum Distributions from qualified retirement accounts.
December is generally the peak time for charitable giving. When I work with clients on spending forecasts, I’m often asked, “How much should I be giving to charity?”
Some general estimates are given as an average percentage of adjusted gross income (gross income minus certain adjustments) of 3 percent to 5 percent.