Every individual yearns to make a difference in their community, and what better way to do so than through philanthropic giving? Establishing a donor-advised fund or family foundation can be a powerful tool for managing your charitable contributions. However, understanding which is right for you can take time and effort. We aim to walk you … Read more
As individuals reach the age of 65, navigating the complex world of taxes becomes increasingly important. Contrary to the assumption that taxes become simpler in retirement, they often become more intricate due to multiple income sources, changes in healthcare coverage like Medicare premiums, and required minimum distributions from retirement accounts. Here are eight key considerations … Read more
As a retiree, there are several tax advantages that you may be eligible for, which can help reduce your tax burden and increase your retirement income. Depending on your situation, you may be able to take advantage of deductions, credits, and other tax strategies.