MJ Blog

Video Tips: Make Tax-Free Charity Donations from Your IRA Required Minimum Distributions

Generally, individuals who are 70½ or older may make a Qualified Charitable Distribution (QCD) of up to $100,000 from their individual retirement account each year. And a QCD may count toward the required minimum distribution for the year.

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MJ Tax Relief Group

6001 River Road, Suite 315
Columbus, Georgia 31904