In order to understand why QCDs might be a reality in most older IRA owners’ lives, consider this simple premise: Do you want to donate to charity? Do you have an IRA in RMD phase?

Law firms are talking with clients about being prepared in case there is a reversion to the lower exclusion amounts found in the 2017 Tax Cuts and Jobs Act.

You can find out the disciplinary history of the investment firm or the individual who handles your money, but it can take some time to work through the details.

If you own mutual funds outside of your retirement accounts, be sure to check on upcoming capital gains distributions. You may still have time to avoid paying taxes on those gains.

If you have not yet taken your required minimum distributions from your IRAs for 2024 and are interested in donating to a charity, a QCD can solve both issues.

From IRAs to 401(k)s, the limits for 2025 retirement contributions have been revealed by the IRS.