How to Minimize Taxes and Maximize Your Charitable Impact

2025-07-08T11:34:58-04:00September 15th, 2023|

If you are retired and make financial gifts to charity, experts say Qualified Charitable Distributions (QCDs) can minimize taxes while supporting your favorite causes. As long as you have a traditional Individual Retirement Account (IRA) or 401(k), you have to take the required minimum distributions (RMD) once you reach age 72. Provided that you don’t