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CG DIST CHARITABLE CONTRIBUTION DISTRIBUTION LIST in Gov in Form

CG DIST CHARITABLE CONTRIBUTION DISTRIBUTION LIST in Gov in Form

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hello and welcome to our video on qualified charitable distributions my name is hope carlson and i'm a lead advisor at dowling and yankee let's dive in what are qualified charitable distributions or qcds they're a donation made directly from your ira to a 501c3 charity now there are a few nuances that make giving by qcd particularly compelling first of which is that it can fulfill your rmd or required minimum distribution in whole or in part when you give by qcd it is excluded from your income on your taxes and we'll talk a little bit later about why this matters you do need to be at least 70 and a half years old and this is still true even though the secure act has now changed the age to start required minimum distributions to 72 you can give up to 100 000 a year via qcd how does it work well you will receive a check made out directly to the charity coming from your ira the check comes to you first and you deliver it to the charity if you're a c

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