What is a Qualified Charitable Distribution (QCD) and why should I care?
If you answer ‘yes’ to both those questions, it could benefit you to read on. A QCD is a charitable donation made with a withdrawal directly from your IRA and provided to a charity—such as your church. If done this way, you are not required to pay income tax on the withdrawal, which would be … Continue reading What is a Qualified Charitable Distribution (QCD) and why should I care?