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Tag Archives: Qualified Charitable Distribution (QCD)

The Benefits of Donating IRA Distributions to Charity

By Bennett Whitlock, Whitlock Wealth Management If you’ve accumulated a significant amount of money in traditional and rollover individual retirement accounts (IRAs), you may want to consider tax-efficient strategies that can reduce your tax burden and benefit your favored charities. IRAs, while an effective tool for retirement savings, may also create tax challenges when you start taking distributions, which are …

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