​​Qualified Charitable Distributions – 2432

Qualified Charitable Distributions

Supporting worthy causes and charitable organizations through donations is a commendable act. If you’re taking the annual required minimum distribution (RMD) from your Traditional IRA and writing checks for your charitable donations, you may not be getting the maximum tax deduction. By making a small change in how you donate, you can get the highest tax benefit you’re entitled to. It’s only a small change to the way you claim your donations, but it can potentially make a big difference in the tax benefits you receive. We can help explain how to maximize your tax deduction while supporting your community, favorite charity or social cause.