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Tips to Maximize Your Tax Savings – Donors 70 1/2+

Tips to Maximize Your Tax Savings – Donors 70 1/2+

Most IRA owners know they are subject to required minimum distributions (RMDs) after age 70½. These RMDs are generally taxable income and continue for life. But this year, that taxable income has a good chance of being reduced or eliminated completely by using a qualified charitable distribution. A Qualified Charitable Distribution (QCD) is a direct

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