Short Form How Charitable Giving Can Lower Your Tax Bill in Retirement

LEGACY INVESTMENT SERVICES

YouTube Short Script  |  June 2025  |  Week 4 - Short 1

TITLE: How Charitable Giving Can Lower Your Tax Bill in Retirement

ADVISOR: Jordan Cassiani

RUNTIME: 55-65 seconds

FORMAT: Vertical 9:16, tight on-camera, no cuts

CTA: Link in bio for complimentary retirement income analysis

Securities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Legacy Investment Services and Osaic Wealth are separate entities. Content is for educational purposes only. Not investment, tax, or legal advice. All scenarios are hypothetical illustrations.

SCRIPT

If you are charitably inclined and you have a traditional IRA, there is a strategy that lets you satisfy your required minimum distribution and give to charity at the same time, with the transfer never showing up as taxable income on your return.

It is called a qualified charitable distribution, or QCD. You are 70 and a half or older, you direct your IRA custodian to send money directly to a qualified charity, and that transfer counts toward your RMD without being included in your adjusted gross income.

Here is why that matters beyond just the charitable deduction. Your MAGI determines whether you pay IRMAA surcharges on your Medicare premiums, how much of your Social Security is taxable, and what bracket you fall into. A QCD that keeps your RMD out of your income can reduce all of those downstream costs simultaneously.

The 2025 limit is $105,000 per person per year. For a married couple where both spouses have IRAs, that is $210,000 that can go to charity without touching your taxable income.

If you write checks to charity anyway, running those gifts through a QCD instead of writing a personal check is a no-brainer tax improvement.

Link in my bio if you want to talk through how this fits your situation.

PRODUCTION NOTES

This is genuinely useful information that most people do not know. Lead with the benefit, not the mechanics. Energy should reflect that this is a genuine gift of information.

Legacy Investment Services  |  Jordan Cassiani  |  Legacy - Charitable Giving Lower Tax Bill - Short - Week 4