The Wiser Financial Advisor: QCD's For Retirees #142

In this episode, Josh Nelson talks about Qualified Charitable Distribution which is a direct transfer of funds from your IRA to a qualified charity. Unlike regular withdrawals from your IRA, which are almost always taxable, QCDs allow you to donate money tax free. To help understand he answers 2 important questions. 

1) Can I take an itemized charitable deduction for my QCD on my income taxes? 

2) How do I set this up? 

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Podcast Editing: Tim Leaman/[email protected]