If you are 70½ or older, you can donate up to $100,000 per tax year directly from an Individual Retirement Account (IRA) to charities like High Country News. Qualified Charitable Distributions (QCDs), ...
A Roth IRA is different from a traditional IRA in that it offers tax benefits to the investor, according to the Internal Revenue Service.”Contributions to a Roth IRA are not deductible (and you don't ...
If you are charitably inclined and have an IRA, a Qualified Charitable Distribution (QCD) can be a great strategy. With a QCD, you can move IRA funds to the charity of your choice tax-free. Here are ...
Non-Qualified and Qualified Annuities are two different types of annuities that are designed to help individuals plan for their retirement. A non-qualified annuity is typically purchased with ...
Qualified distributions are withdrawals from qualified retirement plans. Depending on the retirement plan, these distributions can be tax-free and penalty-free. But you need to know certain ...
Roth IRAs allow your money to grow tax-free and aren't subject to required minimum distributions (RMDs). Traditional IRAs are ...
Now is the time to tell clients about direct transfers from IRAs by individuals 70 and one-half or over. IRA administrators generally can't make the direct transfers to designated charities at the ...