A Qualified Charitable Distribution (QCD) allows individuals taking required minimum distributions (RMDs) to route distributions directly from retirement accounts to a qualified charity, which reduces the individual's taxable income.

Authors

• Person: Not available Organization: Wealth Enhancement Group
  Tax Planning With Your Financial Advisor - Wealth Enhancement

Sources

• Tax Planning With Your Financial Advisor - Wealth Enhancement www.wealthenhancement.com Wealth Enhancement Group via serper

Referenced by nodes (1)

• required minimum distributions concept