Stories: ACF Stories

By Chris Miller, Communications & Community Investment Officer Born during the height of the Civil Rights Movement and named after the city at its very epicenter, it seems Selma Theresa Carter was all but destined to be a progressive and inspirational...

Staff at Akron Community Foundation regularly talk with retirement-age donors and fundholders about the tax benefits of Qualified Charitable Distributions (QCDs) and leaving bequests of IRAs to a donor-advised fund. Philanthropy is something that people from...

As you build your estate plan and consider how to provide for your adult children, keep in mind that naming children as the beneficiary of an IRA or other qualified plan probably is not something that should be automatic. For starters, if you are charitably...

Legislation known as SECURE 2.0 contained a dizzying array of changes to the laws governing retirement plans. Passed at the end of 2022, SECURE 2.0 is 130 pages long; overall, its purpose is to encourage more retirement savings through vehicles like...

It was a light-bulb moment the first time CBIZ Managing Director Naomi Ganoe learned about the benefits of gifting a life insurance policy to charity. As someone with a longtime passion for giving back to the causes she cares about, Naomi was drawn to the...

Did you know that August is National Make-A-Will Month? Even if your estate planning documents are already in place, this is still a great time to review your will, trust, and beneficiary designations to ensure that they still capture your financial and...

To say that the total dollar amount in Americans' retirement accounts is massive would be an understatement. Accounting for 30% of all household financial assets, at the end of 2022 total retirement assets in the United States topped more than $33 trillion...

If reading about Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCDs) made doing your taxes this year a chore, you are not alone! The SECURE Act 2.0 made changes to RMD rules that are important to understand, especially if you...

With tax season wrapping up, many people are considering how best to use their refund. Fortunately, charitable giving tends to rank high on ways people spend "bonus" money, and giving intentionally and strategically always helps that gift go further. Most...

If you've been involved with charitable giving for a few years, you've no doubt become familiar with both private foundations and donor-advised funds and their popularity as charitable giving tools. As is often the case with tax and estate planning-related...