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Imagine you’ve spent a lifetime building your wealth. Now, as you consider giving back, you discover strategies that allow you to support your favorite causes while minimizing taxes. Hi, I’m Hunter Brockway, founder of Boer Retirement Strategies. Here to guide you to a successful, stress-free retirement while spending more and avoiding being killed in taxes.

The first strategy is qualified charitable distributions, a QCD. What is a QCD? A direct transfer from your IRA to a qualified charity, excluding that amount from your taxable income. In 2025, the annual QCD limit is $108,000 per individual or $216,000 per married couples filing jointly. The benefit, this satisfies your required minimum distribution, reduces taxable income, and can lower Medicare premiums. It’s important to note the distribution must go directly from your IRA custodian to the charity. This video got you thinking about your own retirement planning. I’d like to offer you something to help you see the bigger picture. We’ve created a tax smart comprehensive retirement workbook for pre-retirees and retirees. If there’s one thing I’ve noticed in my years of working with individuals, it’s that there’s always at least one aspect in the planning process where they say, “Hm, I haven’t thought about that before.” No matter how smart they are, how much they’ve saved, something comes up, whether it be they realize they can spend more than they thought they could, they realize their tax bill is going to be higher in retirement. They are going to leave money on the table with their current social security claiming strategy. This workbook is designed to help you walk through the most critical areas of retirement planning with action steps, false beliefs, and areas for you to input your own reflection items. You can download the workbook by going to the link below in the description. If you have any issues with that link, send us an email at contactbarretirement.com. If you get through this workbook and you’d like your responses reviewed or have any questions, I’m happy to have that conversation with you, too. As always, this is no cost, no obligation, and no pressure. Best of luck.

Second strategy is a donor advised fund. A donor advised fund or DAFF is an account where you can contribute assets, receive an immediate tax deduction, and recommend grants to charities over time. The strategic use is ideal for bunching charitable contributions to exceed the standard deduction in a given year. The tax advantages are donating appreciated assets to a donor advice fund can help avoid capital gains taxes and provide fair market value deduction. You can combine QCDs and donor adise funds. Using this synergistic strategy uses QCDs to fulfill RMDs and reduce taxable income while leveraging donor advice funds for larger strategic gifts during high income years. This flexibility allows donor advice funds to plan your giving over time aligning with your philanthropic goals. Review your IRA and consider if QCDs align with your charitable intentions. Evaluate the benefits of establishing a donor adise fund for your long-term giving strategy and consult with your financial adviser to integrate these tools into your retirement plan effectively. If you have any financial questions, you can send them in to contactretirement.com. Thank you for watching. Bye.