From turkey and stuffing to cranberry sauce and pumpkin pie, this is one of the most delicious seasons of the year. What I love most about Thanksgiving, though, is the generosity of spirit it inspires. If you’re looking to make a difference for your favorite charity this year, consider these five ways to make your charitable dollars go farther.
Many donors don’t fully appreciate the potential tax savings that can come from charitable giving. Not only is the timing of the gift important, but how the gift is made (whether in cash or securities) also has an impact on the possible tax benefits.
A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. It is named after Section 529 of the Internal Revenue Code, which created these types of savings plans in 1996.
Did you know that Dec. 2 is Giving Tuesday?
This tradition, which is only starting its third year, is aimed at celebrating generosity and encouraging people around the globe to give back to society on Dec. 2.