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Archive for February, 2023

New Tax Law Improves QCD Benefits

Posted on February 17th, 2023 by Shari Elias

Seniors who must take withdrawals from their IRAs may be able to benefit from a special tax provision for qualified charitable distributions (QCDs). Briefly stated, this provision allows people in their 70s and older to transfer funds directly from an IRA to a charity without any adverse tax consequences. The new SECURE 2.0 law enhances […]