Year-end is a great time to review important financial plans and documents. There are many tax changes being proposed now that may be in effect next year.

  • Review your projected income (including gains), deductions, and credits for this year and next and consider whether you can time your income, deductions, and credits in a way that minimizes your income taxes.
  • Review your will, trusts and plans. Ensure that you are still comfortable with your bequests and dispositions, executors, trustees, and guardians. Additionally:
    • Review the agents named under your financial and medical powers of attorney to ensure that they are still appropriate.
    • Review living wills and verify that you are comfortable with the healthcare and end-of-life-related instructions that you previously made.
    • It’s also important to communicate the location and intention of your estate planning documents with the appropriate individuals.
  • Check your beneficiary designations on your retirement accounts and life insurance policies to ensure they reflect your wishes.
  • Maximize your IRA contributions (You can make 2021 contributions to traditional IRAs or Roth IRAs until April 15, 2022. Check contribution limit amounts.)
  • Take your required distributions (RMDs) from your IRAs (generally 72 yrs.) and make any Qualified Charitable Distributions (QCDs).

Charitable Giving

  • Make year-end gifts to charities, Donor Advised Funds or Private Foundations.
  • Consider if assets are an option to donate (QCDs, stocks, real estate, etc.) before December 31, 2021.

Please check with your tax professional for guidance on best actions for your life circumstances.

To learn more about how your gifts can make a lasting impact at United Way of Greater Atlanta, contact Eve Powell at

Save Taxes by Making a Gift of Stock

Did you know that you can avoid capital gains taxes and support United Way of Greater Atlanta at the same time by making a gift of appreciated stock?

You may know that donating stock to your favorite non-profit is an effective way to save on capital gains taxes. If you sell your stock, you will forfeit a portion of the proceeds to taxes. One easy way to help United Way’s mission — and your finances — is to make a gift of appreciated stock (securities that have been held for longer than one year).

When you donate stock, you are unburdening yourself of future taxes that are embedded in the stock, so you can give more, and still have your gift “cost” less.

But what if you want to keep a specific company’s stocks in your portfolio? You can make a gift of your appreciated stock now and purchase identical shares to replace what you donated. This technique allows you to maximize your giving:

  • avoid capital gains taxes;
  • keep your portfolio intact;
  • and give back to your community.

To make the gift: Inform your broker and United Way’s team of your desire to make a transfer. You will need to send a completed broker transfer form or written instructions to your broker specifying that you wish to make a charitable contribution to United Way of Greater Atlanta. Your transfer instruction document should include:

  1. The issuer of the securities (type of stock) and/or ticker symbol.
  2. The number of shares (or the minimum gift value).
  3. Transfer to United Way of Greater Atlanta’s Charles Schwab account: AM-8991-5184, DTC 0164 code 40. United Way’s federal tax identification number is #58-0566194. Broker: Dan White at 404-724-2469; Email:
  4. Specifically request that the donor’s first and last names are transferred with the details.
  5. Notify Louise Davenport at 404.527.7262 or email accountsreceivable@unitedwayatlanta.orgof your stock transfer.  United Way’s federal tax identification number is #58-0566194.