This Holiday Season, Give Back with Your Retirement Funds!

The holiday season is a time of giving, and what better way to spread joy than by contributing to those in need? If you’re looking for a meaningful way to support charitable causes, consider using your retirement funds to make a difference.

🔹 Donor-Advised Funds (DAFs): You can donate directly from your IRA or 401(k) to a DAF, which allows you to manage your charitable giving over time.

🔹 Qualified Charitable Distributions (QCDs): If you're 70½ or older, you can make tax-free donations directly from your IRA to a qualified charity, reducing your taxable income.

🔹 Maximize Your Impact: Many charities offer matching gifts or will help you make the most of your donation with special year-end drives.

Giving back doesn't just benefit others—it can also reduce your taxable income and spread holiday cheer in the most impactful way.