“The gifting rules, it is no more than $10,000 per year and no more than $30,000 in a rolling five year”

Retire Right · 441 Transition to retirement, death tax, recontribution strategy, sell house to travel + more

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What was described

gift limit is $10,000 per year and $30,000 in a rolling five-year period

$10,000 per year, $30,000 rolling five years

Said nearby on the same subject

“That $12,000 commission may be amortized over, let's say, a five-year period... If there isn't any precedent... using a reasonable number like two years... isn't a bad idea”
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“If your goal is to earn $10,000 a month as a coach and you're selling coaching sessions for $100 an hour... a high-ticket coach might sell for $3,000, $5,000, or $10,000 per client.”
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