The Retirement Nerds

Giving Cash Is The LEAST Effective Way to Donate to Charity


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Using existing tax advantages when you donate to charities allows you to donate even more than you otherwise could. If giving to charities is a part of your life and your mission, there are ways outside of giving just cash that will be more beneficial to you and the charities.

Our video on above the line and below the line tax strategies:

https://youtu.be/PiGFVuAT67Q

If you'd like our help with your charitable giving or tax strategies, reach out at https://TheRetirementNerds.com

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⏰ TIME CODES ⏰

0:00 Introduction

0:35 Cash inefficiencies

2:55 Tax Deduction Basics

5:50 Appreciated Assets

11:41 How To Donate Stock

17:35 Intro to DAFs

20:34 Donor Advised Fund

27:42 Bunching Strategy

33:42 Best Way To Give QCD

35:16 Qualified Charitable Distributions

40:40 Business Charity Strategies

47:30 Final Thoughts

51:08 Where to Get Help

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#finance #charitablegiving #taxplanning #theretirementnerds

Federal Disclaimer:

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

Disclosure:

This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.

Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast.

Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

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The Retirement NerdsBy Erik Soderborg

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