Reduce Your Taxes With QCD’s

Reduce Your Taxes With QCD’s

February 17, 2024

Did you know you can reduce your taxes by making a QCD right out of your IRA? A QCD, also known as a Qualified Charitable Distribution, can be a great way to strategically reduce your tax bill. But there are nuances and rules surrounding it that are important to understand. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Julie Chadwick share some tips to help you maximize your QCD opportunity. Topics include:
Required Minimum Distribution
Charity
Tax Return
CPA
Beneficiary
501(c)(3)
Donor Advised Fund
Lump Sum Distribution
Tax Bracket
Mortgage Interest
Investments
Audit
ROTH IRA
Deductions
Itemizing