The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Charitable Contributions from an IRA Date:  5/25/2013  12:06 AM
Author:  ptheland Number:  72278 of 81333

For most people the QCD would seem to offer no advantage compared to taking the mandatory distribution and then donating it to charity for a deduction.

For anyone whose social security benefits are partly taxable, the reduction in AGI from excluding the RMD will also reduce the amount of the SS benefits which are taxable.

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