Can You do a Qualified Charitable Distribution from Your IRA?
- Derick Coffey
- Jan 1, 2024
- 1 min read
Updated: Feb 11
If your retirement affords you the opportunity to be charitable, then at your RMD age you can begin directing your RMDs to a qualified charitable organization, in the form of a Qualified Charitable Distribution. This allows you to satisfy your RMD and be charitable, all without increasing your taxable income.
This flowchart can help you determine if you can make a QCD out of your IRA.
