Uncharitable Giving

From: www.investmentnews.com

Charitable giving is undergoing a shift in the wake of the 2017 tax law, and could see yet more changes in the coming months and years as a result of legislation working its way through Congress.

Aside from a few tweaks, the tax law, which provided the most sweeping reform to the U.S. tax code in a generation, didn’t address charitable giving directly. Yet, charitable giving by…

By David H. Morgan

From talk given at Ormond Beach Presbyterian Church

In following up with the theme of today’s message, several core themes emanate that should trigger inner self-reflection and musing at this time in our lives.

1. Jesus said, “Feed my sheep.” What are all of us here doing to feed our sheep? Our flock includes not just the spiritual nourishment garnered here at OBPC every Sunday morning, but also others in our community, nation and…
   
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By David H. Morgan

I have been reflecting on the meaning of stewardship and its impact on our daily lives. As members of the church, the body of Christ, we are admonished to believe and embrace that our pledges truly emanate from the heart and the soul, and very rightfully so. However, I would be remiss to also have us embrace that sometimes, our gifts may incubate and emanate from the head, our mind….

A Case Study of Gurtin’s Municipal Tax Loss Harvesting Process

From: Gurtin

Goal: To Decrease or Permanently Eliminate Tax Liabilities

Tax loss harvesting with municipal bonds can help decrease or permanently eliminate tax liabilities investors have realized from capital gains in other portions of their overall investment portfolio. Using a systematic tax loss harvesting process, investors are able to sell securities that have depreciated in value and thereby realize losses that can be used to…

Optimizing Tax Strategy & Charitable Giving with a Donor Advised Fund

From: www.aefonline.org

One of the benefits of employing the use of a donor advised fund (DAF) in a charitable giving strategy is that, in certain scenarios, it can be utilized to separate tax strategy from charitable giving strategy. Because a donor always receives the tax benefits of contributing to a DAF in the year that…

How to spend your retirement savings without triggering a tax penalty

From: cnbc.com

It’s not just saving for retirement you need to worry about, but drawing down your money at the right time, too.

The IRS requires savers to make withdrawals from their retirement accounts starting at age 70½.

“They’ve allowed you to defer taxes, but they need to come collecting at some point,” said Arielle O’Shea, a…

3 Easy Ways to Increase Your Social Security Benefits — for Life

From: www.fool.com

Wishing for heftier monthly checks in retirement? Here’s how to do it.

Social Security benefits can make the difference between barely scraping by in retirement and living a comfortable and enjoyable lifestyle. For many people, those monthly checks are also the main source of income in retirement. In fact, approximately half of baby boomers say they expect…

Beyond Salary: 7 Top Employee Benefits

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Imagine this: You have two job offers with similar salaries and potential career growth. Which one should you take?

The answer may depend on the other benefits on the table.

Many employers offer more than a salary and health insurance. No matter your current situation, make sure you’re aware of a company’s potential perks, and more importantly, make sure…

5 Proven Ways to Boost Your Retirement Income

From: www.fool.com

Retirement is a scary notion for some seniors, not because it means getting older, but because it means moving over to a fixed income with little financial wiggle room. If you’re concerned about having enough money in retirement, here are a few things you can do to scrounge up extra cash.