Learn why donor-advised funds (or DAFs) are a common tool to connect the intention and your legacy behind philanthropic family strategies.
Naming a Charity as a Beneficiary of Your IRA
For those that are charitably inclined, there are some good options to consider when naming a charity as a beneficiary of your IRA.
Recent Trends in Charitable Giving and Philanthropy
The holiday season is one of giving. Learn the recent philanthropic trends for charitable giving before you make your year-end donations.
Inspired Gifts for the Family
Gifts for the family can be experiences that create happiness for everyone, as none are as impactful as reaching out and making someone else’s life a little bit easier. Charity has a way of rippling out into your community and creating more goodwill.
Align Your Financial Plan with Your Values
Many people are discovering that their financial journeys are even more fulfilling when they align their plans with their values. Read on to learn a few investing, spending, and giving strategies that could help you grow your nest egg while also putting your values in action.
Rethinking Your Pandemic Charitable Giving Strategy
The pandemic has created economic and health care challenges that continue to stretch our resources. But how does all of this affect how we give charitably? We’ve highlighted our top 4 tips for giving during a pandemic.
Qualified Charitable Distributions (QCDs) – A Strategic Way to Give
This year saw one of the largest tax reforms in over three decades. Two of the major changes – an increase in standard deductions and reduced/eliminated itemized deductions – have taxpayers seeking new methods to reduce their tax bills. Although having been around for over a decade, Qualified Charitable Distributions (QCDs) have been reintroduced to the spotlight in 2018 as a strategy to reduce taxable income for retirees.
The Perfect Holiday Gift: Charitable Giving Strategies
With the strong stock market returns, many clients have appreciated securities in their investment accounts and may incur capital gains tax should they sell these holdings. One avenue many use is a “donor advised fund” such as the one offered through Fidelity Investments.
Charities and IRAs: Your Questions Answered
Can I make charitable contributions from my IRA? Yes, if you qualify. The law authorizing qualified charitable distributions, or QCDs, has recently been made permanent by the Protecting Americans from Tax Hikes (PATH) Act of 2015. You simply instruct your IRA trustee to make a distribution directly from your IRA (other than a SEP or SIMPLE) to a qualified charity. …