Marco PEO Learns Smart Giving Strategies

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The Marco Island chapter of P.E.O. International learned ways to maximize their charitable donations while optimizing tax benefits at a November 7 meeting.  

Certified Financial Planner and Raymond James Executive Darcie Guerin, a member of the chapter, explained the various tax advantages of making donations through an IRA Required Minimum Distribution (RMD), Qualified Charitable Distribution (QCD), and Donor-Advised Fund (DAF). For example, instead of paying taxes on their IRA’s RMD, donors can use a QCD to send those funds directly to a qualified charity, tax-free. Individuals can donate up to $108,000 annually using this strategy. 

The group also welcomed a new member, Sara Sukurs. Sukurs, who recently became a full-time resident of Marco Island, had been a member of a P.E.O. chapter in Indiana. 

P.E.O. International supports higher education for women through scholarships, awards, grants, and low-cost loans. 

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