Donating Appreciated Stock: A Double Play of Tax Benefits
Your tax benefits from making a donation of appreciated stock versus giving cash can be substantial. And the organization will be just as happy to receive the stock instead of cash.
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Your tax benefits from making a donation of appreciated stock versus giving cash can be substantial. And the organization will be just as happy to receive the stock instead of cash.
This is almost getting too easy. Just last week the world appeared to be at the brink of its second financial meltdown in 20 months. The debt crisis in Greece was going to spread to Spain and Portugal, then sail up to Ireland and the U.K. and eventually bring down the world. But the finance minister...
Annuities can provide lifetime income, but other strategies may offer you comparable income and the ability to keep control of your money.
Owning one home and renting another, a reader is stretching his finances to the limit. The new Home Affordability Foreclosure Alternatives program, or HAFA, may offer the help he needs.
Delaying full retirement just for a few years can make a significant difference in your financial security. Here's an example of how much difference you can make.
There's nothing like a 1,000-point drop in the Dow to bring back that sick feeling in the pit of your stomach. Here are four things to remind yourself before you make any decisions.
A new book makes the case that our brains can age as well as a vintage French burgundy; many of our most important cognitive functions actually improve with age. That's promising news for Baby Boomers hoping to keep working well into their 60s and beyond. Let's just hope it become required reading in H.R. departments.
Health care reform aims to improve the health of all Americans, by requiring free preventative services. After all, health insurance will eventually cost less if we're all healthier. Will you be smart enough to take advantage of these free preventative services?
Baby Boomers hoping to continue working after retirement could find a job market that is scrambling for their services. Yep, you read that right. A looming demographic/economic shift could spell great news for baby boomers who want to downshift to a less demanding work schedule after retiring from their full-blown full-time careers.
When selecting a target date fund, don't guide your decision only by a date on the calendar. It pays to look under the hood--one important aspect is to examine the glide path of a specific fund as it moves over time into more conservative investments. There are significant differences between mutual fund families in the glide paths for their target date funds.
With the launch of the President's bipartisan Deficit Commission last week we're about to hear a lot more about "hard choices" for dealing with our nation's out of whack balance sheet. I'm hoping there's serious consideration given to raising the Full Retirement Age for Social Security.
If you are concerned about ID fraud and prevention, then the nominal fee for these services may be worth the cost.
Good news could be coming soon for early retirees, due to a feature in health care reform. A temporary program to reimburse employer-sponsored group health plans for some health care costs for early retirees will be one of the first initiatives launched under the new health care reform law. Encouraging your employer to take advantage of this program could be an important part of your retirement planning.
A sign of our hard economic times: Half of boomer parents say they don't expect their adult kids to be more financially successful than they are. It's no secret Gen Y has been dealt a lousy hand, but I still think they could end up doing just fine. Perhaps wit a little help from their parents.
Anyone about to borrow a serious amount of money for an important purchase should review their credit report and find out their credit score. Read here for what you need to know on how to do it.
The U.S. carried out strikes on Iran on Wednesday night after President Trump earlier threatened the country with "a beating" following U.S. and Saudi Arabia's joint strikes on Iranian proxies in Iraq.
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
Hours after Dr. Anthony Fauci invoked the Fifth Amendment in response to all questions during a Senate hearing, Republican Sen. Rand Paul of Kentucky told CBS News he believes Fauci could be prosecuted.
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
The husband of a North Carolina woman who went missing last week while visiting the Caribbean island of Grenada said Wednesday he believes "there was no foul play" in her disappearance.
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
The DOJ is seeking to deport an Afghan woman who prosecutors allege is an "alien terrorist," in the first-ever test case before a secretive court that has never convened since it was created three decades ago.
Republican Sen. John Cornyn has demanded formal modifications to an agreement the Justice Department made with President Trump to settle his lawsuit against the IRS.
The acting director of the U.S. Centers for Disease Control and Prevention on Wednesday accused Dr. Anthony Fauci of an abuse of power during the COVID-19 pandemic.
Dr. Deborah Birx offered "The Takeout" her takeaways on what the contentious Senate hearing with former colleague Dr. Anthony Fauci says about the nation's ability to move on from COVID.
Hours after Dr. Anthony Fauci invoked the Fifth Amendment in response to all questions during a Senate hearing, Republican Sen. Rand Paul of Kentucky told CBS News he believes Fauci could be prosecuted.
Rob Gutman speaks with Jay Bhattacharya, director of the National Institutes of Health and acting director of the CDC, about Dr. Anthony Fauci's actions during the pandemic, the possible origins of COVID-19, vaccines and more.
Dr. Jay Bhattacharya, the director of the National Institutes of Health and the acting director of the Centers for Disease Control and Prevention spoke with Matt Gutman about Dr. Anthony Fauci's hearing on Wednesday and other health issues that affect many Americans.
Dr. Anthony Fauci faced an angry Senate hearing on Wednesday, with Republicans confronting him over diary entries and his handling of the government's response to the COVID-19 pandemic. Nikole Killion has more.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
The husband of a North Carolina woman who went missing last week while visiting the Caribbean island of Grenada said Wednesday he believes "there was no foul play" in her disappearance.
Fifteen elephants in southern Kenya are suspected to have been poisoned by cyanide-contaminated tomatoes, according to wildlife authorities.
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
Two firefighters died in a blaze on the Greek island of Crete Wednesday while crews in France confronted a wildfire four times the size of Paris, officials said.
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
OpenAI's president says it is working on wearable and hardware options for its AI chatbots like ChatGPT. CNET editor-at-large Scott Stein joins CBS News to discuss this and other technology headlines.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Prosecutors allege Lindsay Clancy made a "calculated decision" in killing her kids, while the defense says she was overmedicated and suffering from extreme postpartum psychosis.
On the second day of the triple murder trial of a Massachusetts mom who killed her three children, the judge heard new testimony and evidence. Prosecutors asked her ex-husband to describe the moment he returned home on Jan. 24, 2023. Shanelle Kaul reports on the details.
Wednesday marked the second day of the high-profile trial against Lindsay Clancy. She's charged with three counts of first-degree murder and facing life in prison for the killings of her three children in 2023. CBS News correspondent Shanelle Kaul reports.
A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie.
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Dangerous flash floods hit the Northeast this week as heavy rains and thunderstorms inundated the area. Videos show the chaos and damage. Some footage has no sound.
From October 2020, Dr. Jon LaPook's interview with Dr. Anthony Fauci about the COVID-19 pandemic.
Maria Sherman, music reporter at the Associated Press, joins "The Daily Report" to break down what BTS' refusal to submit music for the 2027 Grammy Awards over a new category means as the band returns from an extended hiatus.
Iran on Wednesday launched a barrage of missiles at American forces in the Middle East. This comes as the U.S. and Saudi Arabia strike Tehran-backed militias in Iraq. Ret. U.S. Navy Vice Adm. Robert Murrett joins with analysis.
Investors reacted sharply on Wednesday to the Federal Reserve's decision to leave interest rates unchanged amid persistent inflation and spikes in energy prices. Emily Russell, commentary and policy editor at Barron's, joins with analysis.