Charity ‘Bunching’ Could Save You Thousands, Still Have FSA Money to Spend?, Top Destinations for Snowbirds

The Best Destinations For Sunseekers This Winter | If You Give to Charity, Bunching Could Save You Thousands | Consumers Feel Glum About the Economy Created for {EMAIL} | [Web Version]( December 26, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [The Best Destinations For Sunseekers This Winter]( [The Best Destinations For Sunseekers This Winter]( (Getty Images) A recent study identified the best destinations for snowbirds in the U.S. Not only did it take into account lifestyle options at each destination, but it also [factored in the affordability of each city](. [] Charity [] [If You Give to Charity, ‘Bunching’ Could Save You Thousands]( [If You Give to Charity, Bunching Could Save You Thousands]( (Getty Images) [This simple tax strategy](, using a donor-advised fund (DAF), lets taxpayers who don’t normally qualify for itemized deductions access the charitable deduction, writes co-founder and CEO of Daffy.org Adam Nash. [Free Retirement Tools Here]( Find out how much you can afford each month with our data-driven spending plan. [READ MORE]( ADVERTISEMENT [] In the News [] [Consumers Feel Glum About the Economy]( [Consumers Feel Glum About the Economy]( (Getty Images) Consumers feel blue and pessimistic about the economy, but they’re spending as if they feel pretty good. Why the disconnect? Kiplinger’s Letter team [breaks it down and more here](. [] Health Insurance [] [Still Have FSA Money to Spend?]( [Still Have FSA Money to Spend?]( (Getty Images) Almost 25% of FSAs require account holders to spend all the money by the end of the plan year, forfeiting their funds if they miss the deadline. If your healthcare FSA has a grace period and you still have 2023 dollars to spend, [review your options among qualifying purchases](. [Benefits of Compound Growth, Put time on your side.]( Compound interest makes your money grow faster because interest is calculated on the accumulated interest over time as well as on your original principal. Compounding can create a snowball effect, as the original investments plus the income earned from those investments grow together. Choices like REITs and dividend stocks can net you a higher return with reinvested dividends. [READ MORE]( ADVERTISEMENT [] Corporate Earnings [] [Kiplinger's Earnings Calendar for This Week (Dec. 18-22)]( Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports. [Read More]( [] Personal Finance [] [Amazon To Quit PayPal's Venmo]( Amazon.com and Amazon mobile app users won't be able to use Venmo as a payment option starting next month. [Read More]( [Are People in their 40s and 50s Delaying Retirement?]( A recent quiz survey by Athene found that more than 4 out of 10 quiz respondents underestimated the number of sandwiched adults who have put off retirement to support adult children, an older parent or other loved one. [READ MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036