The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/what-i-have-had-some-of-my-clients-do-is-cut-29256594.aspx

Subject:  Re: Charitable Donations Date:  4/23/2011  4:11 PM
Author:  vkg Number:  113282 of 121570

What I have had some of my clients do is cut checks in January and then in December then skip a year.

Unless this is for the year they turn 70 1/2, I don't understand how this works. RMD are annual. Taking two distributions in one year does not eliminate the need to take a distribution the next year.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us