QCDs: A Tax-Smart Way for Retirees to Give
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Retirees over seventy-five can avoid tax hikes and Medicare surcharges with a smart IRA strategy: Qualified Charitable Distributions (QCDs). Directly donate from your IRA to a charity, bypassing taxable income and reducing adjusted gross income. Starting 2026, new tax rules make QCDs even more beneficial. Avoid common pitfalls and secure paperwork for a seamless process. This proven tool helps generous retirees support causes without the usual IRS bite.
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