How Retirees Can Use a Donor Advised Fund for Tax Savings

In this episode, Lucas and Luna explore how retirees can use a donor advised fund, or DAF, to bundle charitable donations and claim a larger tax deduction in a single year. They walk through a concrete example: a retired couple with $50,000 in annual charitable giving who bunch three years of donations into one DAF contribution, pushing them above the standard deduction threshold. The hosts explain how the Tax Cuts and Jobs Act raised the standard deduction to around $27,700 for couples in 2026, making itemizing harder for many retirees. By using a DAF, donors can deduct the full lump sum, invest the gifted assets tax-free, and recommend grants to charities over time. Lucas and Luna also cover the types of assets you can contribute — including appreciated stock — and the 30 percent adjusted gross income limit for cash donations versus 20 percent for securities. The episode includes a natural donation segment tied to listener support via buy me a coffee dot com slash fexingo. Perfect for retirees looking to optimize their charitable giving while lowering their tax bill. #DonorAdvisedFund #DAF #RetirementTaxPlanning #CharitableGiving #StandardDeduction #ItemizedDeductions #TaxCutsAndJobsAct #AppreciatedStock #TaxDeduction #BunchingStrategy #Retirees #TaxSavings #CharitableDonations #FidelityCharitable #SchwabCharitable #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo