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 ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance ...

One word of caution on waiting until the end of the year: Don’t wait too long. If any of the transactions you need to make ...

Qualified Charitable Distributions allow IRA owners to meet Required Minimum Distributions while reducing taxable income and benefiting charities. QCDs must be direct transfers from IRAs to qualified ...

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) ...

If you’re due to take a required minimum distribution from a qualified account, be aware of some changes to the rules. In particular, changes apply to inherited individual retirement accounts, but ...

Discover the tax benefits and withdrawal flexibility of Roth IRAs for retirees, including contributions, tax-free earnings, and strategies for passing wealth to heirs.

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...

When you die, your IRA turns into an inherited IRA. Without proper planning, this can lead to high tax burdens for your beneficiaries. (Photo by Alex Wong/Getty Images) An Individual Retirement ...