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Charities and IRAs: Know Your QCDs (Qualified Charitable Distributions)

What do charities have to do with IRAs?  The unlikely connection is called a QCD which stands for a Qualified Charitable Distribution.  

QCDs allow high-net-worth individuals with IRAs (Individual Retirement Accounts) who don’t need their RMDs (required minimum distributions) to avoid taxable income on their RMDs by donating their RMDs to charity.  The maximum QCD for 2025 is $108,000.  

Non-profits: If you represent a non-profit, attend to learn how to help donors take advantage of QCDs.  High-Net-Worth Individuals: If you have an IRA in RMD stage (age 73 for IRA owners) and you’d love to give your RMD to charity while avoiding taxes on the RMD, learn how to do a QCD.  Note that if you are not in RMD stage but over 70-1/2, you qualify for QCDs as well; however, the QCD is not driven by an RMD. Note further that inheritors of IRAs are in RMD stage at younger ages; however, they must be age 70-1/2 or older to take advantage of QCDs. 

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