Maximizing Your Retirement Giving: A Guide to Qualified Charitable Distributions
Maximizing Your Retirement Giving: A Guide to Qualified Charitable Distributions **Understanding the Benefit** The Internal Revenue Service (IRS) offers an appealing opportunity for individual retirement arrangement (IRA) owners aged 70½ or over. They can transfer up to $100,000 tax-free each year to their favorite charity through qualified charitable distributions (QCDs). This not only serves as …
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