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Personal Finance and Investing

question everything

(47,467 posts)

4. Agree. I have been thinking of doing this with the RMD

Reply to raging moderate (Reply #1)

Thu Mar 26, 2020, 02:47 PM

Mar 2020

When, supposedly transferring directly from the account to a qualified charity lower the taxable withdrawal.

I just need to look around and to find how this works and for whom..

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Honestly, I'd rather not [View all] question everything Mar 2020 OP

Maybe we could view ourselves as trustees of this money? raging moderate Mar 2020 #1

Agree. I have been thinking of doing this with the RMD question everything Mar 2020 #4

I read great things about it - QCD's - Qualified Charitable Distributions, but one must be age 70.5+ progree Mar 2020 #9

That's what my sister is doing with her RMD csziggy Mar 2020 #11

For myself...... MyOwnPeace Mar 2020 #2

Mine will go to Democratic candidates who don't lie to me. gibraltar72 Mar 2020 #3

Better you say who it helps tazkcmo Mar 2020 #5

That, too question everything Mar 2020 #6

Mine's going to my daughters (and grands.) elleng Mar 2020 #7

On IRA RMD's -- an RMD is a transfer from a traditional IRA account to a regular taxable account progree Mar 2020 #8

If you really don't need it, you can pass it on to someone who does. Franklin Graham is needy. Midnight Writer Mar 2020 #10