Gift Smarter: Tax-Wise Giving to Family and Charity

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

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In this episode of Retire Smarter, Tyler Emrick, CFA®, CFP®, breaks down how to gift smarter — whether your goal is to support family or give back to charity.

With the One Big Beautiful Bill Act (OBBBA) reshaping charitable deductions starting in 2026, now is the time to rethink your strategy. Tyler explains why cash may not be the best asset to give, how Donor-Advised Funds (DAFs) and Qualified Charitable Distributions (QCDs) can maximize your tax efficiency, and what to know about new AGI floors and deductions.

If you want to make your generosity go further — for your loved ones, your favorite causes, and your long-term financial plan — this episode will help you do just that.

Here’s some of what we discuss in this episode:

💸 Cash isn’t king – Gifting appreciated assets can save you (and your kids) significant taxes.

🎁 Donor-advised funds – Get the deduction now, give later, and simplify your recordkeeping.

🙌 QCD advantage – Over 70½? Give directly from your IRA and reduce taxable income.

🧮 Annual limits – Gift up to $19,000 per person (or $38,000 per couple) tax-free each year.

👨‍👩‍👧 Family strategy – Thoughtful planning builds multi-generational wealth and avoids tax traps.

Have questions?

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