charitable accounts | BTCC Knowledge

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Charitable Giving Accounts, like Donor Advised Funds (DAFs), offer a tax-efficient way to donate. Opening a DAF with Fidelity Charitable allows donors to contribute now and recommend grants later. DAFs have faced criticism for hurting charitable causes by allowing funds to sit idle. However, they also offer donors flexibility and the ability to maximize tax benefits. Setting up a DAF with Fidelity Charitable is a simple process that can provide double tax benefits.

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