Charitable Giving 101: Year End Tax Tip & Maximize Your Impact

It’s that time of year again! The Friends Talk Money team dives into charitable giving. There are many benefits to contributing to your favorite charity. The conversation is about the tax and personal benefits of giving. But  how do you choose the right charities, align donations with your values, and maximize tax savings? Terry, Rich, and Pam share tips on vetting charities and questions to ask your financial advisor. Tune in and join the conversation!

• Richard Eisenberg: How To Give Wisely to Charity in 2024 (Next Avenue)
• Terry savage: Charitable Giving Done Smartly
• Terry Savage: Tax benefits can amplify your charitable giving
• American’s most charitable on the planet and gave away 557 billion dollars last year (Giving USA)
• 85% of Americans Say Inflation/Economy Makes Charitable Donations Harder (Lending Tree)
• Charitable Giving During Retirement (Fidelity Survey)
• Boost Your Giving IQ - Fidelity Charitable (Fidelity)
• Charity Navigator | Official Site
• Charity Watch | Homepage
• Give.Org
• Donor Advised Fees - What it Costs (Fidelity)

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