The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Charitable Donations Date:  4/23/2011  4:11 PM
Author:  vkg Number:  113282 of 124777

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 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us