| Consider Financial Gifts to Family |
|
|
You could give shares of stock. Recipients will enjoy being part owners of companies that make the products they use.
Or, if you have a child or grandchild, you may want to open a Section 529 college savings plan. You might also want to help a family member fund an IRA. While you can’t contribute directly to someone else’s IRA, you can write out a check to the recipient for that purpose.
Here’s one last suggestion: Make a financial gift to a charitable organization in the name of a loved one. If the group is a qualified charity, you may receive a tax deduction for your gift.
By making any of these gifts to your family members, you’ll brighten their holidays — and yours, too.
This is Ruth Cameron, your Edward Jones financial advisor(303-278-1111). |
| More...
|
Printer-friendly format
|
Login and voice your opinion!
|