An individual retirement account owner aged 70 ½ or more may be able to withdraw money from the account tax-free and use it to support favorite causes with a qualified charitable distribution (QCD).

You've been hearing whispers about this strategy for years. Maybe your financial advisor mentioned it in passing, or you ...

Q. In a recent column, you indicated that I could use the qualified charitable distribution (QCD) option at 70 1/2. I am confused. I thought I did not have to take required minimum distributions (RMDs ...

Failing to take your RMD as scheduled can result in a 25% penalty on the amount you should have withdrawn. You may have to take the money out of your retirement account, but you're not required to ...

There are several great ways retirees can use their investment portfolios to give to charity. One of which is taking a Qualified Charitable Distribution from an IRA account, or “QCD” for short. As the ...

Failing to take your RMDs can result in tax penalties of up to 25% of the untaken RMD amount. Note, however, that you no longer have to take RMDs from Roth 401(k)s beginning in 2024. Qualified ...

What is Qualified Charitable Distribution?