For retirees facing Required Minimum Distributions (RMDs), the Qualified Charitable Distribution (QCD) isn't just a "definition"— it can be one of the most powerful tax planning tools in your arsenal.

One useful end of year tax strategy that brings with it aid for struggling charities is the QCD or Qualified Charitable Distribution. In fact, there may be few actions providing as much satisfaction ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. With new tax laws, come fresh opportunities—and plenty of ...

LOS ANGELES, CALIFORNIA - NOVEMBER 27: US Senator Alex Padilla volunteers at Project Angel Food for Thanksgiving at Project Angel Food on November 27, 2024 in Los Angeles, California. (Photo by ...

If you're retired and planning to give to charity, you could secure a bigger tax break with a so-called qualified charitable distribution, or QCD. The strategy involves a direct transfer from a pretax ...

Since 2018, it's been harder to itemize deductions and claim a tax break for charitable donations. But older investors may consider a qualified charitable distribution, which transfers funds directly ...

Once again, the end of the year is upon us—and many clients may be searching for required minimum distribution (RMD) strategies that can help them avoid a tax hit for 2024. The 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 ...

Qualified charitable distributions (QCDs) are a largely unknown tool among retirees. But now, as a convergence of rule changes and marketing efforts shines a spotlight on the often overlooked ...

Q. Hi Dan. In your answer to Hank in your column about how to make charitable donations from an IRA, you said donating that was “… better than paying yourself the RMD and then cutting personal checks ...