IRA Qualified Charitable Distributions
Planned Giving
APRIL 7, 2024
Understand the benefits and increase your value to donors. You may have heard it called a “charitable IRA rollover,” but this is a misnomer. Yes, there is a distribution from a traditional IRA, and yes, the account holder does not pay tax on that distribution. But the distribution is outright to a public charity, not to another IRA. The correct terminology, which is finally beginning to catch on, is a “qualified charitable distribution,” or QCD.
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