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Are You Taking Advantage of Tax Breaks through Qualified Charitable Distributions?
Everyone who is subject to Required Minimum Distributions who gives to a charity should use Qualified Charitable Distributions (QCDs), but must qualify by being age 70 ½ or over. Say for example you give $10,000 to your church or another non-profit organization on an annual basis. If you are taking RMDs, you can have your […]