The Best Charitable Donation Strategy Retirees Can Use to Save on Taxes

Donating to charity is a great way to give back to your community and fund the causes you believe in. And to give people an additional incentive to do good, the government offers a tax deduction for charitable contributions.

Charitable donations may play a big role in your retirement tax planning. But there's one strategy for donating that you may not be aware of, and if you don't take advantage of it, you could be missing out on some big money-saving opportunities.

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Source Fool.com