The following column was contributed by Chad Slate. For many retirees, Required Minimum Distributions (RMDs) can create an ...
There’s a tax-smart way to give to charity if you’re 70 ½ or older — one that reduces your taxable income while supporting your favorite causes. Known as a Qualified Charitable Distribution (QCD), ...
One useful end of year tax strategy that brings with it aid for struggling charities is the QCD or Qualified Charitable ...
Q. In a recent column, you indicated that I could use the qualified charitable distribution (QCD) option at 70 1/2. I am confused. I thought I did not have to take required minimum distributions (RMDs ...
You loved the tax break you got when you made retirement account contributions. But now that you're old enough for required ...
Is the Internal Revenue Service forcing you to make a withdrawal from an IRA this year? If you'll be 73 years old or older at any point in 2025 and you happen to have some money sitting in a non-Roth ...
RMDs, or required minimum distributions, are withdrawals you're forced to take each year if you don't want to get hit with a big penalty. The reason behind RMDs is to ensure that IRA or 401 (k) ...
Dear Liz: Please have another go with respect to answering a recent question about making qualified charitable distributions from an IRA using a debit card, which is something we have also wondered ...
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