Video Synopsis – “Planned Giving Strategies for Individuals”
In this informative explainer, CAPTRUST’s Drew Battle walks through several planned giving strategies that can help individuals support their favorite causes while also achieving tax advantages and long-term financial goals.
1. Getting Started with Simple Moves
Planned giving doesn’t require a complex legal structure right away. Easy first steps include designating a charity as the beneficiary of your IRA or making a Qualified Charitable Distribution (QCD) if you’re over age 70½. QCDs count toward your required minimum distribution (RMD) and can lower your taxable income—making them a smart way to give while meeting IRS obligations.
2. Reducing Taxes with Strategic Asset Donations
Gifting long-term appreciated assets like stocks or real estate to a nonprofit allows you to avoid capital gains taxes while deducting the fair market value of the gift. You can also include charitable bequests in your will or estate plan, helping reduce estate taxes and align your legacy with your values.
3. Giving Vehicles for Long-Term Impact
Battle outlines tools like donor-advised funds (DAFs), which allow donors to front-load charitable deductions in a single year while distributing funds over time. For those seeking both philanthropic impact and retirement income, structures like charitable remainder trusts and charitable gift annuities offer ongoing payouts to the donor or their beneficiaries, with the remainder going to the designated charity.
4. Reversing the Flow with a Charitable Lead Trust (CLT)
Whereas remainder trusts prioritize the donor’s income first, CLTs direct income to the charity for a set term, then pass the remaining funds to heirs—allowing for immediate charitable impact and potential tax savings.
Takeaway:
Planned giving strategies aren’t just about writing a check—they’re about aligning your financial planning with your values. Whether your goal is reducing taxes, supporting a cause, or shaping your legacy, a CAPTRUST advisor can help tailor the right approach.
To download a copy of the transcript, click here.
To download a copy of the transcript, click here.
In September, the Federal Reserve cut interest rates for the first time since 2020, and with that cut, the U.S. economy entered a new chapter of the post-pandemic story. This policy shift signals the beginning of the end of higher rates. But aside from lower rates, what could it hold? In this edition of our quarterly Market Update video, CAPTRUST Chief Investment Officer Mike Vogelzang explains what’s happening in the market, and what could happen next as this new chapter unfolds.
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To download a copy of the transcript, click here.
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Please note: This is an AI generated transcription – there may be slight
grammatical errors, spelling errors and/or misinterpretation of words.
Executive Benefits for Plan Sponsors
Your most senior employees often have complex compensation and benefits,
which aren’t well served by one size fits all financial wellness solutions. Today,
we’ll discuss what CAPTRUST at work can do for your key employees.
As one of the country’s leading retirement plan advisors, CAPTRUST has
decades of experience in complex employee benefits. We understand that
financial wellness means so much more than just retirement assets. That’s why
our executive services, available through CAPTRUST at work, include
advanced financial planning, executive compensation planning, and more.
Company stock planning, concentrated position analysis, tax optimization,
legacy planning and wealth transfer, risk management and insurance
assessment, and business succession planning. We help your employees
maximize their chances of success and minimize the risks of accumulated
wealth. CAPTRUST at Work for Executive Employees includes on demand
support. From a dedicated financial advisor who is familiar with your
organization’s qualified and non-qualified plans, stock programs, and executive
compensation.
Through one-on-one meetings, our advisors can address timely questions and
help your key employees develop financial goals and plans tailored to their
unique needs. They can also create retirement income and wealth projections
that help your key employees visualize their financial future. So that they can
make better informed decisions all along the way to retirement.
As the benefit sponsor, you can determine the number of key people that receive
this service for a flat annual fee. CAPTRUST will meet with your key
employees in person or virtually using video and screen share technology. Your
chosen employees will also have access to CAPTRUST’s industry leading
financial wellness content, including Vested Magazine.
While we believe all employees can benefit from tailored financial advice, your
most senior employees often need extra help to navigate their complex financial
situations. For those who are interested, CAPTRUST can also deliver
discounted comprehensive wealth management services, which would include
ongoing discretionary asset management and implementation of all financial
planning recommendations to help them grow and guard their wealth.
To learn more about this valuable financial planning tool and the impact it could
have on your key employees, contact your financial advisor or visit
CAPTRUST.com today.
Disclosure: CapFinancial Partners, LLC (doing business as
“CAPTRUST” or “CAPTRUST Financial Advisors”) is an Investment
Adviser registered under the Investment Advisers Act of 1940. However,
CAPTRUST video presentations are designed to be educational and do
not include individual investment advice. Opinions expressed in this
video are subject to change without notice. Statistics and data have come
from sources believed to be reliable but are not guaranteed to be
accurate or complete. This is not a solicitation to invest in any legal,
medical, tax or accounting advice. If you require such advice, you should
contact the appropriate legal, accounting, or tax advisor. All publication
rights reserved. None of the material in this publication may be
reproduced in any form without the express written permission of
CAPTRUST: 919.870.6822 © 2024 CAPTRUST Financial Advisors
To download a copy of the transcript, click here.
To download a copy of the transcript, click here.
Why High-Earning Executives Value Nonqualified Plans
The video explains that a nonqualified deferred-compensation plan (NQDC) is a selective savings vehicle designed for roughly the top 10 percent of your workforce—those who routinely bump against 401(k) or 403(b) contribution ceilings. Because NQDCs are exempt from many IRS limits and most ERISA nondiscrimination rules, sponsors can:
- Lift the lid on deferrals and matches. Participants may defer a much larger share of salary, bonuses, or commissions, while employers can layer on uncapped matching or discretionary credits.
- Customize eligibility and vesting. Plans can target only highly compensated employees and use bespoke vesting schedules to sharpen retention incentives.
- Offer broader investment choice and flexible payouts. Recordkeepers often mirror or expand the qualified-plan menu and let executives schedule in-service or post-retirement distributions that align with future cash-flow needs and tax planning.
Sponsor Benefits at a Glance
- Recruitment & retention edge in competitive talent markets
- Minimal ERISA reporting—no Form 5500 filing, no annual audit
- Administrative efficiencies when the NQDC rides on the same record-keeper platform as the qualified plan
Key Trade-Offs to Weigh
- Assets remain unfunded and subject to corporate creditors, so financial-health monitoring is critical.
- Plan design must respect Section 409A timing rules for deferral elections and distributions to avoid adverse taxes.
- Because payouts are taxable as ordinary income to participants, sponsors should evaluate whether future tax-rate trends support the plan’s appeal.
When Demand Peaks
Interest in nonqualified plans typically rises when top tax brackets are expected to increase, markets are strong, and unemployment is low—all factors that push executives to seek additional, tax-efficient savings space.
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