Reducing AGI

Financial Planning - Financial planning in general. (Moderated) 

  Yahoo!   Google   Windows Live   del.icio.us   digg   Netscape

Subject Author Date Reducing AGI Ron Peterson 11-02-2007  Re: Reducing AGI rick++ 11-02-2007  Re: Reducing AGI Rich Carreiro 11-02-2007  Re: Reducing AGI Mark Freeland 11-02-2007
Posted by Ron Peterson on November 2, 2007, 5:35 pm Is there someway to reduce AGI for a person on SS and pensions? Capital losses only works to $3000, and there's no deferred comp available for retirees. -- Ron Posted by rick++ on November 2, 2007, 5:59 pm Give a lot of income to charity. Posted by Rich Carreiro on November 2, 2007, 8:26 pm > Give a lot of income to charity. That won't reduce AGI. -- Rich Carreiro rlc-news@rlcarr.com Posted by Mark Freeland on November 2, 2007, 9:11 pm > >> Give a lot of income to charity. > > That won't reduce AGI. It can if you're over 70.5 and taking MRDs (or is it RMDs) from your IRA. Otherwise, it won't. Mark Freeland BnetOnewsX@sbcglobal.net Similar Threads Posted Strategy for Reducing Tax on Retirement Plan Withdrawals October 25, 2008, 6:15 pm