Retire at New Heights with Johnnie Roberts

The Power of Zero with Giving Money to Your Kids

Episode Notes

In this episode, Johnnie explains how the “Power of Zero” applies to gifting money to children and grandchildren. He outlines the IRS rules that allow individuals to give up to $19,000 per year (or $38,000 for married couples) without triggering reporting requirements. The discussion emphasizes planning, strategy, and understanding tax laws to maximize generosity while minimizing tax exposure.