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

  • Dec 30 2024
  • Durée: 13 min
  • Podcast

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

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  • Résumé

  • 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.
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