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In addition to advancing philanthropic goals, strategic charitable donations may offer tax advantages.
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A new tiered tax rate on the endowments of wealthy colleges and universities could affect spending on financial aid, research, and other college programs.
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The SECURE 2.0 Act introduced new features designed to make 401(k)s even more appealing to workers.
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Closed-end funds are considered to carry higher risk but may provide a higher income stream than traditional mutual funds holding similar securities.