Roth IRA

IRA Charitable Donations: An Alternative to Taxable Required Distributions

You can make cash donations to IRS-approved charities out of your IRA using so-called “qualified charitable distributions” (QCDs).┬áThis strategy may be advantageous for high-net-worth individuals who have reached age 70 1/2. It expired at the end of 2014, but QCDs were made permanent for 2015 and beyond under the Protecting Americans from Tax Hikes (PATH)… Read more »