Senior tax-saving alert: Make charitable donations from your IRA

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Senior tax-saving alert: Make charitable donations from your IRA

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December 3, 2024 , , , ,

IRA charitable donation, QCD

If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCDs) may help you gain tax advantages.
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IRA charitable donations: An alternative to taxable required distributions

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May 17, 2022 , ,

IRA charitable donation

Are you a charitably minded individual who is also taking distributions from a traditional IRA? You may want to consider the tax advantages of making a cash donation to an IRS-approved charity out of your IRA.

Continue Reading: IRA charitable donations: An alternative to taxable required distributions