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SpaceX Stock Rises. Millions of Shares Unlock Today—Brace For More Volatility. barrons.comSpaceX stock could face further pressure as first batch of shares unlock since IPO CNBCEmployees make plans for a windfall as SpaceX shares are unlocked YahooSpaceX Shares Steady After $100 Billion Insider Lockup Expires Bloomberg.com
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Trump administration's latest buyback of offshore wind leases brings total to nearly $4 billion AP NewsTrump administration to pay German firm $1.22bn to cut offshore wind leases The GuardianTrump Administration to Pay German Firm $1.2 Billion to Cancel Wind Leases The New York TimesRWE, Trump administration reach $1.22 billion agreement to cancel offshore wind leases ReutersTrum
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The new fraud nightmare: losing money twice.
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Senate Republicans' farm bill fails over SNAP stalemate - Live Updates PoliticoCountry-of-Origin Labels, EQIP and Payment Limits Face Amendment Debates DTN Progressive FarmerArticle | Klobuchar set to vote against GOP's farm bill, sinking chances of package advancing subscriber.politicopro.comRepublicans Roll the Dice on Their Farm Bill News of the United States - NOTUS
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Ken Griffin's hedge fund made billions last week after it bought the bulk of Situational Awareness's stock book
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Zaslav Admits Paramount-Warner Bros. Merger Saga Has Been ‘Challenging' for Employees but Claims Work Ethic Is ‘Inspiring' VarietyBritain clears $110 billion Paramount-Warner Bros. merger CNNUK won't intervene in Paramount's $81 billion takeover of Warner Bros. Discovery ABC News - Breaking News, Latest News and VideosWarner Bros. CEO Confident Paramount Deal Will Close WSJ
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Ken Griffin's company bought billions of dollars of AI stocks from Leopold Aschenbrenner's firm
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Sen. Elizabeth Warren says the Trump administration's rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.
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Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that.
What approach is efficient, provides the tax benefits you're after, and also is advantageous for the charity that's on the receiving end?
SEE MORE Ever Dream of Having a Building Named After Yourself?
One possibility is a qualified charitable distribution (QCD), a tax-savvy way to reduce your taxable income and maximize your donations whether you itemize deductions on your tax return or not. An added bonus is that the benefits can be large for both the donor and the charity.
Here's How QCDs Work
A QCD is a distribution from an IRA that is paid directly from that retirement account to a qualified charity. QCDs lower your adjusted gross income (AGI) and therefore lower your tax bill. They can also offset required minimum distributions (RMDs), those withdrawals you must take from your IRA each year once you reach age 72. An RMD adds to your income, raising the amount of taxes you pay, but a QCD is excluded from your income. So, for example, if you withdrew $50,000 from your IRA as an RMD, you would pay taxes on that money. But if that same $50,000 was used as a QCD instead, you avoid the taxes while helping a charity at the same time.
SEE MORE Every Dollar Counts: How to Evaluate a Nonprofit
Taxpayers can benefit from QCDs even when they take the standard deduction and do not itemize their deductions. Meanwhile, even though a QCD doesn't count as an itemized deduction, tax
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