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I suspect that you've left out part of rhe message. Schwab may need the lead time to schedule the first RMD if she wants the RMD paid this year. Elsewhere they may state that she has until April 1, 2012 to take her first distribution.

Schwab's 10 page summary statement that talks about RMDs says nothing at all about charitable contributions. Further along in the summary it does talk about postponing the tax until April 1, of the next year. It would appear that Schwab left something out. It's too early too early in the morning to call them now, but I'll do so later in the day.

Schwab's material was probably approved and printed before the last minute tax changes were enacted. This would include the provision for using your RMD as a charitable contribution.

I'd also be willing to bet that their answer to any tax question will be "Consult your tax professional. We do not give tax advice."

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