Avoid Costly IRA Mistakes

Watch this video on YouTube Investing through an IRA is a foundational method of retirement saving. Opening and contributing to an individual retirement account is not hard. That doesn’t mean IRAs are simple and easy to understand. I was reminded of this at the...

Bundle Charitable Giving Through Donor Advised Fund

Watch this video on YouTube With changes to standard and itemized deductions under the new tax law, many CPA’s and tax attorneys are recommending a strategy of bunching or bundling deductible spending into alternate years. I wrote about this approach a few weeks...

How to Help Grandkids Pay for College

Watch this video on YouTube One financial goal held by many of my clients is to help pay for their grandkids’ education. This generosity can foster gratitude and family closeness. Unfortunately, it can also foster resentment and family misunderstandings. Here...

Only Two Real Money Choices: Spend or Give

Watch this video on YouTube A colleague recently reminded me that there are ultimately two things we can do with money: spend it or give it away. That’s it. At first glance, this seems too simplistic. What about saving? What about investing for our future...

Giving and Happiness: A Complicated Partnership

Watch this video on YouTube Recently a reader suggested I write about the relationship between giving and happiness, noting that research shows people who give to charity are happier. One such study from Harvard Business School in 2009 is titled “Feeling Good...

Charitable Giving and Tax Benefits

Watch this video on YouTube You may have read that Facebook founder, chairman, and CEO Mark Zuckerberg has announced plans to gift substantially all of his Facebook stock to a philanthropic company called the Chan Zuckerberg Initiative, named after himself and his...