255. The Power of Generosity and Its Impact On Your Finances

A Wiser Retirement®

In this episode of A Wiser Retirement® Podcast, we're joined by Missie Beach, CFP®, CDFA®, to discuss the power of generosity and its impact on your finances. Together, we delve into strategies for making charitable giving both tax-efficient and meaningful. Discover how to maximize tax benefits through techniques like donating appreciated securities and utilizing donor-advised funds. We also discuss the advantages of bunching deductions and the power of qualified charitable distributions from IRAs for individuals over 70½. Tune in to gain valuable insights on how the act of giving can transform both your financial well-being and the lives of others.
Related Podcast Episodes:
- Ep 196: Your Year-End Financial Planning Checklist
- Ep 190: Year-End Tax Moves: Planning Ahead for a Stress-Free Tax Season
Related YouTube Videos:
- Reduce Your Taxes and AGI by Giving to Charity
- What is the best way to take your RMD?

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This podcast was produced by Wiser Wealth Management. Thanks for listening!

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1. The Power of Generosity in Finances (00:00:00)

2. Building Generosity for Financial Success (00:06:35)

3. Maximizing Charitable Giving Tax Benefits (00:15:32)