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Developing a tax-savvy giving back strategy can be an important part of a comprehensive financial plan — and help make doing good an effective year-round endeavor.
For years, I've berated myself because I wasn’t being of service enough. I wasn’t giving enough of my time. Now, all of that has changed. The post ‘What’ve I Done to Help?’: Why Giving My Time to Char...
Giving back is one of our core values at Keen Wealth. Every year, my wife Carissa, who leads our Keen Community Impact Committee and the Keen Wealth Foundation, works with the committee to bring phila...
Here's all you need to know to fill out IRS Form 8283 for your Donor Advised Fund (DAF). It's not as hard as you might think. The post How to Report Non-Cash Charitable Contributions for Your DAF (IRS...
If you want to use an inheritance to create a charitable legacy, how can you ensure younger generations will carry your wishes forward?
Exploring how physicians and other high-income professionals can approach charitable giving in a more intentional and effective way and how reaching financial independence early can maximize the impac...
Tax law changes might be confusing, but there are still ways to be generous without sacrificing financial security. A donor-advised fund is a place to start.
In this Christmas Eve episode, Roger Whitney explores the basics of charitable giving as part of an intentional retirement plan, with a timely focus on year-end decisions. He explains how charitable d...
Jeremy Keil explains the top 3 tax efficient strategies for charitable giving in 2025. Most people give to charity because it’s meaningful to them — not because of the tax break. And that’s the right ...
Explore how Qualified Charitable Distributions (QCDs) help meet IRA requirements, cut taxes, and maximize the impact of year-end charitable giving....
Charitable giving is a cornerstone of many comprehensive retirement plans. It's also a cornerstone of our mission at Keen Wealth Advisors. Our whole team takes great pride in serving as active members...
Do you know how to tell if a charitable contribution is deductible on your tax return? The IRS offers some tips to help you out. The post What Charitable Contributions Are Deductible? appeared first o...
The financial professionals who contribute to Kiplinger's Adviser Intel recently wrote about the five phases of retirement planning, the OBBB's potential impact on charitable giving and why you should...
For years, I gave to charity by donating cash. But I've changed my approach to maximize my tax savings while still giving the same amount. The post Optimizing Charitable Giving for Maximum Tax Savings...
The generous assumption isn’t just a mindset. It softens our inner critic, strengthens our closest relationships, and builds bridges where money so often builds walls....
Qualified charitable distributions have surged in popularity thanks to a shift away from itemized deductions, but experts say there's more work to be done around client education on the underappreciat...
Most people wait until late in the year to plan their charitable gifts. That traditional approach often leaves a lot of money and other benefits on the table....
Charity fraud is rife, and a Netflix series provides a timely warning about donating money to a good cause without looking into its background....
I only recently learned of the Qualified Charitable Distribution (QCD) and am not an expert in the field. This is my understanding. If you already use this tool or have other thoughts, I'd appreciate ...
If you have $1 million or more saved for retirement, these charitable giving strategies can help you give efficiently and save on taxes....
Welcome to another episode dedicated to enhancing your retirement journey! Today, we wrap up our series on year-end action items with a focus on charitable and family giving. Discover how strategic ch...
QCDs are a way to help great causes and those in need, but they are also a way to manage your tax exposure and avoid unpleasant surprises. The post How Making a Qualified Charitable Distribution (QCD)...
Two ways to give to charity — a charitable gift annuity and a charitable remainder trust — can save you taxes and generate income....
Donating an unneeded life insurance policy to charity can extend your charitable legacy. To maximize that gift, consider methods that may reduce your tax burden....
Photo credit: jb Suppose you have a situation where you’d like to leave your IRA (or at least some of it) to a family member or a group of beneficiaries, and then leave the remainder of the IRA ...
With QCDs, retirees can save on taxes by making donations from their IRAs directly to charity. Here's what you need to know about qualified charitable distributions....
Save on taxes and donate more to your favorite charities by using a donor-advised fund, or DAF. Here’s how to maximize your giving with this strategic approach....
The SECURE Act killed the stretch IRA, but a properly constructed charitable remainder trust can deliver similar benefits, with some caveats....
People leave a lot of money on the table by waiting until late in the year to consider their charitable gifts....
By Dr. Jim Dahle, WCI Founder Giving money away can be an important part of the financial life of high earners like white coat investors. It can help the recipient and the giver, and we're not just ta...
MAKING A CHARITABLE GIFT Why sell shares when you can give them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them....
By Eric Rosenberg, WCI Contributor Cryptocurrency and other blockchain assets offer unique opportunities for charitable donations. Like cash, you can send cryptocurrency to a charitable organization, ...
Noob here- sorry if this is addressed elsewhere, and if so, please send links! But having recently retired, I’m curious what your strategy is for charitable giving (for those here who can afford...
Congress might bring back the charitable deduction for non-itemizers....
The holidays are a perfect time to not only be thankful, but also support others. Learn how I give back as an early retiree with these charitable giving strategies....
Before Dec. 31, investors can potentially cut taxes through tax-loss harvesting, charitable giving, smarter rebalancing, and avoiding costly year-end tax traps.
Required minimum distributions can be used as a tool to help lower your tax bill, smarten your charitable giving and keep your retirement strategy on track.
A charitable remainder unitrust (CRUT) can create a lifetime income stream and alleviate worry for retirees who underspend out of fear their money won't last.
A charitable remainder trust can help if you're anxious to escape a concentrated stock position without a capital gains tax hit.
I'm preparing for RMDs. I normally make a series of charitable contributions, which are at least partially funded by Regular IRA withdrawals. From what I understand, QCDs can be beneficial in the foll...
An interview with Dr. Matt Moore to discuss charitable trusts, recent changes affecting charitable giving, and advanced strategies that can help physicians give more efficiently while managing taxes. ...
A Legacy Trust can benefit family, but also chosen family, friends, mentors, caregivers, charitable organizations, and causes that have shaped your life.
Qualified charitable distributions are the best way for those 70 1/2 and older to donate. But people often do not maximize the benefits or fall into some traps.
Are you ready for the Great Wealth Transfer? Financial analysts estimate that older Americans will pass on as much as $124 trillion of personal wealth to their spouses, heirs, and charities over the n...
Long-time readers are well aware that my wife and I give away lots of money. Here's why giving to charity is so important to our own wealth. The post Become a Giver, Get Rich appeared first on The Whi...
Ann asks about making qualified charitable distributions from her 457 plan. Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their ind...
From opening stealth retirement accounts to strategic charitable giving, there are plenty of ways you can cut your taxes every year, and they're perfectly legit.
Jeremy Keil weighs the opportunities and risks associated with giving your money away to your kids and charity. Most retirees I talk with don’t worry about whether they can give money away. They worry...
In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions (QCDs) in end-of-year tax planning....
What does the “One Big Beautiful Bill Act” mean for your retirement? Find out how the latest tax legislation—from permanent TCJA extensions to surprising changes in charitable giving...