A QCD can reduce your tax bill in retirement while meeting charitable giving goals. Here’s how.

And if you don't take your RMD, you could face a pretty serious 25% penalty on the sum you leave in your retirement plan. Image source: . The problem, of course, is that RMDs can trigger a huge tax ...

Qualified charitable distributions (QCDs) can reduce your tax bill and Medicare costs in retirement. Here's how this ...

We all know it's a good idea to regularly review your investment statements. Keeping track of your investments helps you stay informed about their performance, ensures that your portfolio aligns with ...

Who can make this kind of gift? People seventy and a half years old and older (even when your required minimum distribution starts at age seventy-three). Yes. An IRA owner can make a one-time election ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...

For most people, December is the month for giving. But when it comes to taxes, January should be the time to start the planning process for maximizing the tax benefits of donating to charity. One of ...

Assets in individual retirement accounts are the best assets to give to charity, since they’re loaded with taxes. For those who give regardless, using IRAs to make the gifts can provide tax benefits — ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news. Lea ...

The release of the official IRS Publication 590-B brought clarity to the issue of limitations on QCDs based on deductible contributions made to IRAs. A big change related to qualified charitable ...