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Using Your IRA to Donate to Charity

Using Your IRA to Donate to Charity

Charitable giving is a popular subject this time of year. Using funds in your IRA to donate to charity is one way seniors use to potentially lower their tax burden. The Wall Street Journal article, “The Secret Way Seniors Can Keep Deducting Gifts to Charity,” explores how to use the Qualified Charitable Distribution (QCD) to make a direct donation from your IRA.

 

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