Millions of retirees hold their savings in 401(k) plans, but cannot use those funds for tax-free charitable donations under ...

It's not lost on individuals, estate planning attorneys, financial advisers, and CPAs that several changes to tax laws could ...

Under current law, qualified charitable distributions — which are available to people age 70 1/2 — can only be made from ...

As the 2024 tax year comes to a close, owners of individual retirement accounts (IRAs) might consider combining the tax benefits of charitable giving with a qualified charitable distribution (QCD) ...

“Nowhere is wisdom more necessary than in the guidance of charitable impulses. Meaning well is only half our duty; thinking right is the other, and equally important, half.” — Samuel Gridley Howe May ...

Individual Retirement Accounts (IRAs) stand as a staple in the financial planning toolbox. As flexible, tax-advantaged vehicles, IRAs have become synonymous with retirement savings, allowing ...

Tax changes for 2026 have changed deductions for charitable giving. These tips can help you get around that.

Qualified charitable distributions, amounts that Americans age 70½ or older can transfer directly from their individual retirement account to charities and have excluded from taxable income, are not ...

Legislation supported by the American Retirement Association (ARA) to allow qualified charitable distributions (QCDs) from employer-sponsored defined contribution retirement plans has been introduced ...

Your financial advisor and tax professional can help make sure your giving strategy aligns with your retirement goals as well as any changes to tax rules. It is recommended that you contact your plan ...

in the months following Hurricane Katrina cost the U.S. Treasury more than $3-billion in tax revenue — far more than originally predicted. That drain on government coffers has some nonprofit officials ...