Qualified Charitable Distributions: What are they good for?
Qualified Charitable Distributions or QCDs can be one of the most tax-efficient ways to give money to charity. An IRA owner can donate up to $100,000 per calendar year to charities directly from their IRA. For those who are RMD age, QCDs count toward satisfying your Required Minimum Distribution (RMD). So, what is a QCD, […]