Home Personal Finance 5 Tax-Smart Strategies for Charitable Giving by Retirees

5 Tax-Smart Strategies for Charitable Giving by Retirees

by TodayDigitNews@gmail.com
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There’s always an end-of-year interest in making charitable giving, and that interest doesn’t necessarily go away when you retire. Let’s talk about tax-savvy strategies for charitable giving by retirees.

There are three obstacles that deter many people from giving gifts when they retire. First, it may not be easy to make ongoing donations after you leave your job. When you were an employee, charitable giving may have been made possible through payroll deductions to local charities such as United Way. The appeal of this approach is reinforced if your employer matches your contributions.

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