Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts to charity. IRA distribution basics A popular way to transfer IRA assets to charity is through a tax provision
reduce AGI
Oct 31, 2019
IRA charitable donations are an alternative to taxable required distributions
- By Ellenbogen
- Charity, Taxes
- 0 Comments
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