Donor-advised funds have become one of the most popular charitable giving tools in the country, with more than $326 billion now held in donor-advised fund accounts. Yet many retirees and investors still don't fully understand how donor-advised funds work, when they make sense, or how they can fit into a broader tax planning and retirement planning strategy.In this episode, Tyler Emrick, CFA®, CFP®, covers:What a donor-advised fund is and how it worksWhy donor-advised fund assets have nearly doubled since 2020How donating appreciated stock can reduce taxes and avoid capital gainsWhy investment growth inside a donor-advised fund may increase charitable impact over timeHow charitable bunching strategies can create larger tax deductionsCommon donor-advised fund mistakes and misconceptionsReal-world situations where donor-advised funds may fit into a retirement or tax planning strategyFor retirees and investors who regularly support charities, a donor-advised fund can be much more than a charitable account. It can be a tax planning tool, an investment tool, and a way to simplify ongoing charitable giving.Have questions?Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.http://bit.ly/calltruewealth Our website:  https://www.truewealthdesign.com/ Phone: 855.TWD.PLANContact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/  Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/  Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1