Spread the Warmth: Reasons to Give Back This Summer
As the sun shines brighter and the days grow longer, summer emerges as the perfect season to spread warmth beyond the weather.While many associate this time of year with vacations and relaxation, it also presents a critical period for charitable organizations facing heightened demands. Hospitals, blood banks, and youth support programs require increased support, as do homeless and pet shelters during this time.
Maximizing Tax Benefits Through Charitable Planning - A Retirees Take on Charitable Giving
In the world of finance, philanthropy often takes a back seat to discussions of wealth accumulation and investment strategies. However, as my encounter with corporate responsibility at a Fortune 100 Company taught me, charitable planning should be a fundamental part of our financial journey. In this article, we'll explore the concept of charitable planning, its significance, and how it can be leveraged to maximize tax benefits.
Optimized Benefits of Grandparents Funding a 529 Plan for Their Grandchildren: Smart Tax Planning for the Future
When it comes to securing a bright future for our children, grandparents can play a significant role. One powerful way they can contribute is by funding a 529 plan, an educational savings account with numerous benefits. In this blog post, we will delve into the advantages of grandparents funding a 529 plan for their grandchildren. We will also explore what happens to excess funds within the plan and the potential opportunities with new rule changes taking into effect in January 2024.
Maximizing Your Charitable Giving: 5 Expert Tips
Charitable giving is one of the most common goals for households with wealth, both pre and post-retirement. A thoughtful charitable giving strategy couples charitable giving desires with a plan around giving that takes into account tax efficiencies, the timing of donations, and the impact of these contributions. To help you plan better in fulfilling your charitable giving desires, we will discuss a few tips to help achieve these goals.