Charitable Giving Motivations - Employer matching contributions are a significant motivator, with approximately 65% of large companies and 28% of small to midsize firms offering this benefit [1] - Tax breaks can be a motivator for charitable giving, but should not be the primary driver [1] Tax Law Changes and Strategies - Starting in 2026, a charitable tax break for nonitemizers will be available, worth up to $1,000 for single filers and $2,000 for married couples filing jointly [2] - For the 2025 tax year, a charitable deduction requires itemizing taxes, suggesting timing gifts for after January 1st if not planning to itemize [3] - In 2026, for taxpayers in the 37% tax bracket, the value of donations will be capped at 35% [3] - High earners may benefit from larger deductions by increasing giving in the current year [4] - Donor-advised funds allow bunching multiple years of gifts into a single year for an upfront charitable deduction [4] - Donor-advised funds enable investment and potential growth of the balance while distributing grants to charities over time [4]

A Roth conversion is the process of rolling over retirement funds invested in a pretax account, like a regular IRA or 401(k), into an after-tax Roth IRA. You’ll pay capital gains taxes at the time of rollover, but you won’t pay taxes in retirement when it’s time to withdraw from the Roth. Read Next: This ‘Boring’ Investment Could Be the Secret To Never Running Out of Retirement Income Check Out: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home While a conversion can be the right thing for ...

President Trump’s big tax-and-spending law includes new restrictions on how much students can borrow and how they repay. Here’s a guide to what is changing. https://t.co/6j0l7GEyjG ...

President Trump’s big tax-and-spending law includes new restrictions on how much students can borrow and how they repay. Here’s a guide to what is changing. https://t.co/IvPBgYB7RE ...