What if your gifts to charity could come from money the IRS never gets to tax?

In this episode of The Truth About Taxes & Retirement, Barry Watts walks through four strategies for charitable giving: qualified charitable distributions from your IRA, donating appreciated stock instead of cash, bunching several years of gifts into a donor advised fund, and charitable trusts.

He covers the QCD rules for 2026, how a QCD can count toward your required minimum distribution, why the bigger standard deduction cost so many people their charitable deduction, and how he and Kelly give today.

Our goal is to have a plan for giving that leaves more for the causes you care about.

???? Watch the full episode here: https://youtu.be/PceSCOBUAsc

Learn more about building a retirement strategy here: https://wealthcarecorp.com/contact/

Get Watts on Wealth the ???? : https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

???? Podcast: Watts on Wealth Radio Show

https://pod.link/1737485633

???? Podcast: The Truth About Taxes and Retirement

https://pod.link/1520277576

Every Dollar App: https://www.ramseysolutions.com/ramseyplus/everydollar

J. Barry Watts

Springfield’s WealthCare Corporation

#CharitableGiving #QCD #TruthAboutTaxesAndRetirement

If you like the Roth IRA, you're going to love the health savings account. Money goes in tax-deductible, grows tax-free, and comes out tax-free for medical expenses. Barry Watts calls it the tax triple threat.

In this episode of The Truth About Taxes & Retirement, Barry explains what an HSA is and who qualifies for one in 2026, including the minimum deductible and out-of-pocket limits your health plan has to meet. He covers how much you can put in for 2026 ($4,400 for yourself, $8,750 for a family, plus $1,000 more for each spouse who's 55 or older), and where the account can be held and invested.

He also tells what happened when he and his wife Kelly invested their own HSA, walks through what the account can pay for, explains why he keeps every medical receipt, and covers what happens to the money when you die.

If you have a high-deductible health plan, you should know whether an HSA belongs in your retirement strategy.

Learn more about building a retirement strategy here: https://wealthcarecorp.com/contact/

Get Watts on Wealth the ???? : https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

???? Podcast: Watts on Wealth Radio Show

https://pod.link/1737485633

???? Podcast: The Truth About Taxes and Retirement

https://pod.link/1520277576

Every Dollar App: https://www.ramseysolutions.com/ramseyplus/everydollar

J. Barry Watts

Springfield’s WealthCare Corporation

Who really owns your retirement account? If you have a million dollars in your IRA, you have a partner in it, and that partner is the IRS. And the lower tax bracket you were told to expect in retirement may never materialize.

In this episode of The Truth About Taxes & Retirement, Barry Watts explains why he calls that one of the great lies of retirement planning. He sees very few retirees in a lower tax bracket than when they were working, and the better you save, the more tax you may end up paying. He walks through why $300,000 to $400,000 of a million-dollar IRA belongs to the IRS, why tax brackets aren't written in stone, and how required minimum distributions take away your control over when and how much you pay.

Barry also covers two more taxes your retirement withdrawals can trigger: tax on your Social Security, and the Medicare surcharge known as IRMAA. Then he explains what WealthCare calls a Strategic Roth Integration, which is a planned Roth conversion, and how to find out if one makes sense for you.

Saving for retirement is half the plan. Knowing how much of it is really yours is the other half.

Learn more about building a retirement strategy here: https://wealthcarecorp.com/contact/

Get Watts on Wealth the ???? : https://a.co/d/bETW4aY

Website: https://wealthcarecorp.com/

Facebook: https://www.facebook.com/WealthCareCorp

YouTube: https://www.youtube.com/@WattsOnWealth

???? Podcast: Watts on Wealth Radio Show

https://pod.link/1737485633

???? Podcast: The Truth About Taxes and Retirement

https://pod.link/1520277576

J. Barry Watts

Springfield’s WealthCare Corporation

#TaxBrackets #RetirementPlanning #TruthAboutTaxesAndRetirement