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Explore: Making Charitable Donations Directly From Your IRA

Making Charitable Donations Directly From Your IRA

Charity

Donating to charity directly from your IRA can have multiple benefits if you are over the age of 70½ and required to make annual withdrawals, known as required minimum distributions (RMDs). These RMDs may end up forcing you to withdraw more than you wish, forcing you to liquidate and possibly increasing your tax burden. Continue reading “Making Charitable Donations Directly From Your IRA”

Get in the Holiday Spirit by Giving the Smart Way

gift-photo

The holiday season is a time filled with the spirit of giving. According to a study from Indiana University’s Center on Philanthropy, 24% of total donations are made in the small window between Thanksgiving and New Year’s Day. The annual surge in giving has led nonprofits to nickname this period as the “Giving Season.”

Continue reading “Get in the Holiday Spirit by Giving the Smart Way”