In this episode of 3C Money Matters, Alyce Zollman, Dan Matthews and Kara Endres from The 3C Group welcome back Tim Steffen, Director of Advanced Planning at Baird, for a timely discussion on year-end financial and tax planning. They cover key updates from the recently passed One Big Beautiful Bill Act (OBBBA), including new deductions like the expanded state and local tax (SALT) limit and the senior deduction, as well as strategies involving Roth conversions, inherited IRAs, qualified charitable distributions (QCDs), and charitable giving ahead of 2026.

Whether you're reviewing your 2025 finances or planning for the future, this episode offers clear, practical guidance to help you make smart, tax-efficient decisions before year-end.

In this episode of 3C Money Matters, hosts Alyce Zollman and Dan Matthews from The 3C Group talk with Tim Steffen, Director of Advanced Planning at Baird, about the new One Big Beautiful Bill Act (OBBBA) and what it means for your money. They break down key updates like changes to the SALT deduction, a new senior tax break, updates to the estate tax exemption, and the creation of "Trump" accounts for children's savings.

You'll hear how these changes may affect your taxes in 2025, when it makes sense to accelerate charitable giving, and why planning ahead is more important than ever with so many temporary provisions and income-based phase-outs.

In this episode of 3C Money Matters, hosts Alyce Zollman, Dan Matthews, and Colleen Curry from The 3C Group are joined by Kim Kasting of the Johnson County Community Foundation and Meagan Niese of the Community Foundation of Bloomington and Monroe County. Together, they discuss the role of community foundations in connecting donors with local needs, managing charitable assets, and helping families create lasting legacies. The conversation explores how giving can happen both during one's lifetime and through estate planning, the benefits of donor-advised and designated funds, and the flexibility foundations provide in honoring a donor's wishes.

In listening, you'll learn practical ways to give more efficiently, understand how a community foundation can help carry out your values, and see how your generosity can leave a legacy that lasts for generations.