Tag Archives | qualified charitable contribution

What Is a Qualified Charitable Distribution and How it Impacts Your RMD

For many retirees, the burden of meeting a required minimum distribution is an unwelcomed but necessary event.  This is an annual requirement that forces a taxable distribution from an otherwise tax-deferred account. Unfortunately, the penalty for not taking the distribution is severe: 50% of what should have been withdrawn. For retirees who find themselves in […]

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