The Tax Benefit of Donating Securities Instead of Cash
If you’re charitably inclined and looking for a way to minimize taxes, learn how donating securities can be even more beneficial than donating cash.
If you’re charitably inclined and looking for a way to minimize taxes, learn how donating securities can be even more beneficial than donating cash.
Inflation has been one of the main concerns that has arisen over the last year as we collectively attempt to resume our lives following the onset of the Covid-19 pandemic. There are daily reminders that consumer prices are rising, which appears to be the result of a confluence of factors, including: increased demand for goods and services following the shutdowns of 2020, supply shocks caused by a reduced labor force, and public policy making it cheaper to borrow money. Even with prices rising, there are ways you can limit inflation’s effect.
Inflation has been one of the main concerns that has arisen over the last year as we collectively attempt to resume our lives following the onset of the Covid-19 pandemic. There are daily reminders that consumer prices are rising, which appears to be the result of a confluence of factors, including: increased demand for goods and services following the shutdowns of 2020, supply shocks caused by a reduced labor force, and public policy making it cheaper to borrow money. Even with prices rising, there are ways you can limit inflation’s effect.
Traditional IRAs are retirement accounts that provide an upfront tax benefit and a greater selection of investment options than most 401K plans. Learn the tax rules that govern these accounts to see the lesser-known benefits of these unique investment vehicles.
Roth IRAs are investment accounts that provide tax-free withdrawals in retirement, but contributions can be withdrawn at any time tax and penalty free as well. Learn the tax rules that govern these accounts to understand the lesser-known benefits of these unique investment vehicles.