5280 Associates Financial Blog

Welcome to our financial blog! This is where our licensed financial advisors share their advice, knowledge, and expertise for your reference. Posts are sorted with the most recent appearing at the top. Not seeing what you are looking for? Try using our search bar or pagination at the bottom.

Donating Appreciated Stock to Maximize Social Impact

Donating Appreciated Stock to Maximize Social Impact

If you’re looking to unlock the full potential of your charitable giving, our whitepaper, “Donating Appreciated Assets: Maximizing Impact While Reducing Tax Burden,” will help you understand to advantages of donating appreciated assets rather than cash.

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How to Start a Donor-Advised Fund (DAF)

How to Start a Donor-Advised Fund (DAF)

What is a Donor-Advised Fund?A donor-advised fund (DAF) is a charitable investment account that allows donors to make a substantial, upfront contribution, receive an immediate tax deduction, and then distribute the funds to their chosen charities over time. This...

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Understanding Advanced Charitable Giving Strategies

Understanding Advanced Charitable Giving Strategies

Giving back is one of the most fulfilling ways to positively impact your community and leave a lasting legacy. The joy of seeing the difference your contribution makes is unmatched. Plus, as an added benefit, there are substantial tax advantages to charitable giving....

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Tax Benefits of Donor-Advised Funds

Tax Benefits of Donor-Advised Funds

High-net-worth individuals (HNWIs) are in a unique position to better their communities by making donations through charitable planning. Donor-advised funds (DAFs) provide a flexible and efficient way for these individuals to manage their philanthropic efforts. By...

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Charitable Lead Trust Vs. Charitable Remainder Trust

Charitable Lead Trust Vs. Charitable Remainder Trust

Charitable planning is a cornerstone for high-net-worth individuals (HNWIs) wishing to leave a lasting legacy while optimizing tax efficiency. Among the advanced charitable giving strategies available, Charitable Remainder Trusts (CRTs) and Charitable Lead Trusts...

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Cybersecurity 101

Cybersecurity 101

As the reliance on the internet continues to grow, so does the need for cybersecurity. According to the cybersecurity company Norton, there are around 2,200 cyberattacks per day. In the ever-changing world that we live in, it is imperative to protect your private...

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A Few Things to Consider Before Investing in Bitcoin

A Few Things to Consider Before Investing in Bitcoin

Bitcoin and other forms of cryptocurrency used to be regarded as an investment for day traders only. Today, it is gaining interest, creating many questions for investors. Some investors look to Bitcoin as a way to protect their portfolio from inflation and currency...

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Is a Roth Conversion Right for You?

Is a Roth Conversion Right for You?

Many diligent retirement savers have spent decades putting away money into Traditional IRA’s or Traditional 401k’s/403b’s. The main benefit of these vehicles is tax deferral and the potential to receive a deduction on your taxes for the year in which the contributions...

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How Much Should I Contribute to My 401(k)?

How Much Should I Contribute to My 401(k)?

Many employers offer a 401k plan for retirement savings. Have you ever asked yourself any of the following questions?    How much should I contribute? How much does the match matter? How much do I need to put in each pay period to ensure the retirement of my dreams?!?...

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Should I Refinance My Mortgage? 6 Questions to Ask Yourself

Should I Refinance My Mortgage? 6 Questions to Ask Yourself

One of the only great things to come out of 2020 is the opportunity to refinance debt, particularly your mortgage, for a lower interest rate. There are many considerations in refinancing a mortgage but the most discussed is the interest rate. If you are able to...

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