There’s a tax-smart way to give to charity if you’re 70 ½ or older — one that reduces your taxable income while supporting ...

The article details how charitable IRA rollovers allow donors aged 73 and up to transfer up to $108,000 directly to charities ...

As the 2024 tax year comes to a close, owners of individual retirement accounts (IRAs) might consider combining the tax benefits of charitable giving with a qualified charitable distribution (QCD) ...

Federally, QCDs are excluded from income, but tax treatment can vary by state. Some states conform fully to IRS rules, while ...

The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts on Thursday, ...

Now is the time to tell clients about direct transfers from IRAs by individuals 70 and one-half or over. IRA administrators generally can't make the direct transfers to designated charities at the ...

A Roth IRA is different from a traditional IRA in that it offers tax benefits to the investor, according to the Internal Revenue Service.”Contributions to a Roth IRA are not deductible (and you don't ...

Higher contribution caps and expanded catch-up limits boost savings potential for 401(k), IRA, and SIMPLE account holders ...

If you are 70½ or older, you can donate up to $100,000 per tax year directly from an Individual Retirement Account (IRA) to charities like High Country News. Qualified Charitable Distributions (QCDs), ...