U.S. tax laws don’t favor those contributing small amounts of money to charity, but there’s a way around that if you’re taking IRA withdrawals. It’s called a qualified charitable distribution, and it ...

America is among the most charitable nations on earth, giving nearly $500 billion to worthy causes in 2022 not including taxpayer-funded aid programs. The total declined only slightly from 2021's ...

For taxpayers who stress over annual Required Minimum Distributions and are also inclined to charitable giving, Qualified Charitable Distributions or QCD’s have been a useful tool to accommodate both ...

HUNTSVILLE, Ala. (WAFF) - In order to make the right money moves this year, a financial expert from The Welch Group breaks down ways to give charitably without taking much of a hit to your portfolio.

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 distributions are withdrawals from qualified retirement plans. Depending on the retirement plan, these distributions can be tax-free and penalty-free. But you need to know certain ...

Most people are aware that the SECURE Act raised the age you must begin taking money out of your IRA from 70-1/2 to 72. These distributions are known as your required minimum distribution, or RMD.

If you’re age 70½ or older, you can make a direct donation of up to $100,000 per year to charitable organizations from your Individual Retirement Account (IRA), without the withdrawal being treated as ...

Trump administration proposes Colorado River options that could hit California hard US launches new retaliatory strikes ...

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

There are several great ways retirees can use their investment portfolios to give to charity. One of which is taking a Qualified Charitable Distribution from an IRA account, or “QCD” for short. As the ...