Reducing Taxable Income With Qualified Charitable IRA Distributions (QCDs)
Melissa A. Seamon, CFP® Senior Financial Advisor Reducing Taxable Income with Qualified Charitable IRA Distributions (QCDs) A key issue facing many retirees is having to take required minimum distributions (RMDs) starting at age 72, regardless of whether they need the income. RMDs must be taken from most qualified defined contribution plans such as 401(k)’s,…