How IRA Contributions May Affect Qualified Charitable Distributions (QCDs) after the SECURE Act

By |2020-06-30T09:18:13-07:00June 30th, 2020|Categories: IRAs, Tax News|Tags: , , , , |0 Comments

For traditional IRA owners aged 70.5 or older, making qualified charitable distributions (QCDs) from their accounts offers a way to donate to a charity of their choice while reducing taxable income. However, among its many other changes to retirement plans, the Setting Every Community Up for Retirement Enhancement (SECURE) Act included provisions that have made