Monday, December 23

Tag: volunteering

Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.
16Dec By adminNo Comments
Money

Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.

Updated Dec. 16, 2023 12:04 am ETLONDON—Two weeks after Russian tanks rolled into Ukraine, Russian oligarch Roman Abramovich said he would sell his soccer club Chelsea FC and donate the billions of dollars in proceeds to the victims of the war in Ukraine. At the time, it seemed an elegant solution for a billionaire under growing scrutiny in the West for his ties to Russian leader Vladimir Putin. Yet more than a year and a half later, the $3 billion donation is sitting frozen in a U.K. bank account amid a long-running dispute with the British government over how the vast sum should be spent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.
16Dec By adminNo Comments
World

Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.

Updated Dec. 16, 2023 12:04 am ETLONDON—Two weeks after Russian tanks rolled into Ukraine, Russian oligarch Roman Abramovich said he would sell his soccer club Chelsea FC and donate the billions of dollars in proceeds to the victims of the war in Ukraine. At the time, it seemed an elegant solution for a billionaire under growing scrutiny in the West for his ties to Russian leader Vladimir Putin. Yet more than a year and a half later, the $3 billion donation is sitting frozen in a U.K. bank account amid a long-running dispute with the British government over how the vast sum should be spent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Robert Kraft Matches $100 Million Donation to Fight Antisemitism
11Dec By adminNo Comments
World

Robert Kraft Matches $100 Million Donation to Fight Antisemitism

In the wake of the Oct. 7 Hamas attacks that plunged Israel into war, New England Patriots owner Robert Kraft is matching a $100 million donation to his Foundation to Combat Antisemitism—giving the project $200 million in new funding that he says will sustain the cause for decades to come. Kraft’s donation equals one made by the Norman R. Rales and Ruth Rales Foundation, and he says the donations will allow FCAS to significantly expand its operations with permanent financing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Volunteer Opportunities for Seniors | Retirement
7Dec By adminNo Comments
Money

Volunteer Opportunities for Seniors | Retirement

Volunteering in retirement allows you to give back, socialize and stay active without spending much money. You may also learn new skills and build friendships while you help organizations in your community.There are many ways to volunteer in retirement, and the level of commitment can range from a few hours or days each week to longer. Some organizations may provide a stipend to help cover expenses like traveling to and from the place you're volunteering. While it can be a great use of your time, you’ll want to make sure you have balance in your life so you don’t get burned out.If you’re thinking about volunteering during retirement, consider the following: Types of volunteer opportunities for seniors. How to find the right volunteer opportunity. Preparing to volunteer: What seniors ne...
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How to Donate to Charity, Get a Tax Break and Have Income for Life
1Dec By adminNo Comments
Money

How to Donate to Charity, Get a Tax Break and Have Income for Life

Tax breaks for charitable donations come in many flavors, and this year Congress has a new one for seniors called an IRA charitable gift annuity. It allows older owners of traditional IRAs to donate account funds to a charity and get tax breaks plus income payments for life. Brian and Deborah Smith of Park City, Utah, plan to try this option next year. That’s when Deborah Smith turns 73 and has to begin required withdrawals from her traditional IRA. She will donate $53,000 of her $550,000 account to the Episcopal church where the couple is active and Deborah serves on the board. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How to Donate to Charity, Get a Tax Break and Have Income for Life
1Dec By adminNo Comments
World

How to Donate to Charity, Get a Tax Break and Have Income for Life

Tax breaks for charitable donations come in many flavors, and this year Congress has a new one for seniors called an IRA charitable gift annuity. It allows older owners of traditional IRAs to donate account funds to a charity and get tax breaks plus income payments for life. Brian and Deborah Smith of Park City, Utah, plan to try this option next year. That’s when Deborah Smith turns 73 and has to begin required withdrawals from her traditional IRA. She will donate $53,000 of her $550,000 account to the Episcopal church where the couple is active and Deborah serves on the board. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Don’t Miss Out on Your 2023 Tax Breaks
11Nov By adminNo Comments
Money

Don’t Miss Out on Your 2023 Tax Breaks

It’s time to shake a leg on year-end tax planning.As usual, most moves affecting 2023 taxes must be completed before Jan. 1, just weeks away. Here are areas to tackle now—and a few that can slide.   Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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