They say Christmas is the most wonderful time of the year and it’s also when people are the most generous. In fact, Americans gave $410 billion to charities in 2017 alone. Rob West and Steve Moore welcome Michael King of the National Christian Foundation who talks about the tax benefits of year-end giving. Next, they answer your questions at (800) 525-7000 and Questions@MoneyWise.org about the following:
- Why should anyone hold off on claiming Social Security benefits at full retirement age rather than taking it at age 62
- If you just moved back in with family to care for your mother, aren't sure whether you'll be buying another house or not after selling your current one, how should you invest $120,000 in proceeds?
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