Mark W. Cooper

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QCDs allow for up to $100,000 from the IRA to be distributed directly to a charity without any tax consequences. QCDs are even allowed for amounts that would otherwise need to be distributed as RMDs. The SECURE Act now allows for contributions to IRAs for those still working past age 70.5, and the QCD annual limit is reduced by the accumulated contributions made to traditional IRAs after 70.5.
Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series)
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