A Look at Qualified Charitable Distributions and Donor-Advised Funds At a recent meeting, our group had a thoughtful discussion about generosity and charitable giving in retirement. The scripture we reviewed comes from 1 Timothy 6:17-19 ESV, which in part notes, we “are to be rich in good works, to be generous and ready to share.” We then explored practical methods to practice generosity through two tools: Qualified Charitable Distributions (QCDs) and Donor-Advised Funds (DAFs). Both offer ways to give more intentionally and, in many cases, more effectively. However, they function differently, and understanding how each fits into your situation can greatly influence not only your taxes but also your approach to generosity at this stage of life. What follows is a straightforward overview of both options, along with some practical insights from our group’s experience. Giving Directly from Your IRA: Qualified Charitable Distributions For those of us in our early 70s, Qualified...
One of life’s great joys is watching our children grow into adults. This also brings the challenge of learning how to relate to them once they reach that stage. Parenting adult children is very different from parenting minors. The authority we once held no longer fits the relationship. Some families enjoy close, easy connections characterized by mutual respect and shared faith. Others experience distance, tension, regrets, or unresolved hurt. Many of us go through both. The good news is that Scripture provides a realistic and hopeful framework for navigating these relationships, one rooted in humility, grace, wisdom, and trust in God’s ongoing work. As Paul reminds us: “If possible, so far as it depends on you, live peaceably with all.” (Romans 12:18, ESV) That verse recognizes both our responsibility and our limits. We can't control outcomes, but we can choose how we show up. From Authority to Influence One of the most significant shifts we encounter is transitionin...