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Episode 6: How Qualified Charitable Distributions Can Save You on Taxes

Episode 6: How Qualified Charitable Distributions Can Save You on Taxes

Published 1 year, 5 months ago
Description
In this episode, Lucretia asks about Qualified Charitable Distributions (QCDs) and how they can help reduce her federal income taxes. We’ll explain what QCDs are, how they work, and who is eligible to take advantage of them. We’ll also discuss the tax benefits of using QCDs to donate directly from retirement accounts, especially for those taking required minimum distributions (RMDs). If you're looking to make charitable donations while lowering your taxable income, this episode is packed with useful tips.
Schedule yourself for a free 15-minute phone consultation, with one of our financial planners, at TuckerRetirement.com.
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