Qualified charitable distributions (QCDs) can reduce your tax bill and Medicare costs in retirement. Here's how this ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The early months of the year are important for taxpayers ages 70½ and ...

Several charitable giving strategic tax opportunities offer taxpayers the opportunity to maximize donations to charity and minimize tax liabilities. Image courtesy Getty Images. The biggest mistake ...

As the 2024 tax year comes to a close, owners of individual retirement accounts (IRAs) might consider combining the tax benefits of charitable giving with a qualified charitable distribution (QCD) ...

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 ...

TOPEKA, Kan. (WIBW) - Many people wait until year’s end to take required minimum distributions from their IRAs, often because they don’t need the funds and dread the tax impact. One options allows ...

The article details how charitable IRA rollovers allow donors aged 73 and up to transfer up to $108,000 directly to charities tax-free, boosting giving and providing tax benefits. Proper steps and ...

What is Qualified Charitable Distribution?