A little-known IRA strategy can reduce taxable income, satisfy RMD requirements, lower Medicare premium surcharges, and boost ...

Your traditional IRA forces you to take money out whether you need it or not, and that taxable income can quietly trigger higher Medicare premiums, a bigger Social Security tax bill, and a steeper ...

U.S. tax laws don’t favor those contributing small amounts of money to charity, but there’s a way around that if you’re taking IRA withdrawals. It’s called a qualified charitable distribution, and it ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...

If you spent your working years contributing to a pre-tax retirement plan, you paid no federal or state income tax on that ...

An individual retirement account owner aged 70 ½ or more may be able to withdraw money from the account tax-free and use it to support favorite causes with a qualified charitable distribution (QCD).

QCDs will alow you to both save taxes in retirement and give more to the charities you support. Tax planning can increaes you level of financial freedom in retirement. Saving for retirement often ...

Picture a 72-year-old who has spent decades supporting his church, a local food bank, and a scholarship fund. He writes ...

With tax reform likely to lead more taxpayers to use the standard deduction instead of itemizing, the move known as the qualified charitable distribution takes on a new sheen. A QCD allows taxpayers ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news. Lea ...