How can you support Life Navigators through gifts from stock, donor-advised funds, or IRAs?
You can support Life Navigators through gifts from stock, donor-advised funds (DAFs), or IRAs, each offering potential tax benefits. Donated stocks owned for over a year may lead to a charitable tax deduction, and as a 501(c)(3) nonprofit, Life Navigators receives the entirety of your gift without being taxed on the sale. A DAF is a charitable investment account easily set up through your financial institution, also offering tax benefits. Additionally, naming Life Navigators as the beneficiary of a qualified retirement plan, such as an IRA, provides significant tax savings while sustaining our disability services. Consult your financial advisor to maximize your tax benefits and determine the best gift type for you.
DISCLAIMER: This is not intended to be tax or legal advice and is for informational purposes only. Please consult your financial adviser to determine whether these options are a good choice for you.