Artwork for podcast Secure Your Retirement
Maximizing Tax Benefits by "Bunching" Charitable Contributions
Episode 2081st May 2023 • Secure Your Retirement • Secure Your Retirement
00:00:00 00:19:10

Share Episode

Shownotes

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the “bunching” charitable contributions strategy and how it can help you maximize tax benefits. They explain why bunching contributions strategy for 2-3 years is a powerful tool in helping you take advantage of standard deductions. 

Listen in to learn how to bunch your charitable contributions into one year using the donor-advised fund. You will also learn why the donor-advised fund is the most flexible version of giving through the bunching strategy.

In this episode, find out:

  • The powerful impact bunching charitable contributions has on your tax scenario.
  • How the donor-advised fund can help you overcome the standard deductions.
  • Why the donor-advised fund is the most flexible version of giving with a tax benefit.
  • How the bunching strategy allows you to gain deductibility by 2-3 years.

Tweetable Quotes:

  • “A donor-advised fund is a very key component of how we get to do the bunching strategy.”- Murs Tariq
  • “Think of the donor-advised fund as the vehicle that’s going to allow you to be able to group your deductions in one year.”- Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

Chapters

Video

More from YouTube