Story Category: Giving Strategies

QCDs, RMDs and CRTs: Making Sense of the Secure Act 2.0 Alphabet Soup

Tax-savvy philanthropists may be interested in new provisions included in the $1.65 trillion omnibus spending bill, the Consolidated Appropriations Act of 2023 (CAA). These provisions, often referred to as SECURE 2.0, build upon the original SECURE Act of 2019 and provide enhancements to the rules for utilizing a qualified charitable… Read More

The CARES Act and Giving With Your IRA

As you plan your year-end giving, keep in mind the enhanced tax benefits passed in the CARES Act: Non-itemizers can take an “above the line” deduction of up to $300 for charitable gifts to qualifying nonprofits and charitable funds* on their 2020 tax return. Individuals can deduct up to 100%… Read More

What is a Donor Advised Fund?

A simple, flexible and tax-efficient way to give to your favorite charities. A donor advised fund is like a charitable investment account that you open for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund at a… Read More