Carolyn McClanahan

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Last quote by Carolyn McClanahan

The money has to go directly to charity – you can't take it out and put it in your pocket and then give it to charity. It has to go to a 501(c)(3), and you are limited to $100,000 a year. You want to pull enough money out of an IRA because you want to be in the 10 percent or even in the 15 percent bracket if you can. That way, you lessen the taxes you'll pay when you reach 70½, based on what you withdraw.
Feb 23 2017
The money has to go directly to charity – you can't take it out and put it in your pocket and then give it to charity. It has to go to a 501(c)(3), and you are limited to $100,000 a year. You want to pull enough money out of an IRA because you want to be in the 10 percent or even in the 15 percent bracket if you can. That way, you lessen the taxes you'll pay when you reach 70½, based on what you withdraw.” said Carolyn McClanahan on this article: Turning 70½? Prepare to tap into your retirement accounts. This page contains 15 articles quoting Carolyn McClanahan. Main topics on which Carolyn McClanahan is quoted are Medicare Advantage and money. In addition you’ll find 32 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Carolyn McClanahan quotes

Everybody has the risk of becoming uninsurable. If you know you're on the fast track … it's a good idea to go ahead and get insurance in place.

The reason you have insurance is to provide protection for the people you're going to leave behind.

It's important for you to at least put enough in your 401(k) that you get the match if your employer offers one.

Make sure you can live with the limitations of Medicare Advantage.

Your choices will be very limited, so be at peace with it.

The big mistake I see young people make is assuming they can save for the future later. But before you know it, you're 50 and you don't have that much time to save for your future.

As soon as young people start making money, they tend to start spending it all.

A lot of people in their 20s think they're invincible, and they're not.

After it's paid off, put that same payment in a savings account for when you need your next car.

It's easy to let your fitness go in your 20s. Create fitness goals. Then, if you have things you want to buy – but don't need to buy – start putting the money aside, but don't allow yourself to buy it until you obtain a fitness goal, such as running a 5K.

Once you have damage to a house that needs repair, the bank will not give you a home equity line.

When people start to become ill, it's important to educate them to go early and use low-cost providers, including walk-in clinics.

If you don't [show] the propensity to want to go to the doctor every time you have a cold, your numbers aren't going to be that high.

What happens in our health system is that doctors offer you all these options, but they don't tell you which of the options are useful. It's really the doctor's responsibility to tell you which ones are useful, but they don't, so the patient has to [find out].

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