What is a Qualified Charitable Distribution (QCD)?

If you're aged 70 and a half or older and are charitable-minded, you can give money from your IRA to charity tax-free using a qualified charitable distribution (QCD). In this video, we talk about what a QCD is, how it works, and how it can help you save money in taxes when giving to charity.

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Disclaimer: Since we do not know your specific situation, none of this information can serve as tax, legal, financial, insurance, or financial advice, and may be outdated or inaccurate. The information comes from sources believed to be reliable but cannot be guaranteed. This content is prepared for educational purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Peak Retirement Planning, Inc. is an Ohio based registered investment adviser and able to offer advisory services in Ohio and in other states where registered or exempt from registration.