The Benefits of
Giving Back
Donating to charity during or approaching retirement presents a confluence of financial and personal benefits. Financially, charitable contributions can offer tax advantages, potentially reducing taxable income* and offering potential deductions, which can be particularly beneficial during the transition from earning regular wages. On a personal level, it nurtures a sense of purpose and legacy-building. As retirees embark on this new chapter, giving back can foster feelings of connection, fulfillment, and continuity, ensuring that their impact endures. Moreover, charitable donations become a testament to one's values, serving as an inspiration to future generations while making a tangible difference in the lives of others. In retirement, giving becomes more than just a financial decision; it’s a profound opportunity to shape a legacy of compassion and positive change.
At Pinnacle, we are particularly invested in the following local causes. If you are looking for a charitable outlet, please consider donating by clicking on the logos below.
*Before making any charitable donations, we recommend consulting with a tax professional to ensure you fully understand the potential tax implications and benefits.