One Big Beautiful Bill: 4 Charitable Giving Changes Every Retiree Must Know!

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This conversation discusses significant changes in charitable giving rules for retirees, particularly focusing on new tax deductions and strategies for maximizing retirement income. Danny Gudorf explains the implications of the new above-the-line deduction for cash donations, the importance of timing in charitable contributions, and the benefits of qualified charitable distributions from IRAs. The discussion emphasizes the need for strategic planning to optimize tax benefits and protect retirement income.

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⏱Timestamps:⏱

00:00 Introduction to Charitable Giving Changes
02:54 New Above-the-Line Deductions for Charitable Donations
05:49 Strategic Giving and Timing for Retirees

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