Answering Questions on Qualified Charitable Distributions (QCDs)

By Joy Taylor From Kiplinger’s Personal Finance Question: Can I make a qualified charitable distribution from my 401(k) this year? Answer: No, QCDs cannot be done from a 401(k) or other workplace retirement plan. A QCD can only be done from an individual retirement account (IRA). People age 70 1/2 and older can transfer up […]
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