How Qualified Charitable Distributions Work After Age 70½

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If you're over 70½ and giving to charity, there's a tax move most people completely overlook. 🚨

It's called a Qualified Charitable Distribution, and it lets you send money directly from your IRA to a qualified charity without that amount ever counting as taxable income.

Here's why that matters: most retirees taking Required Minimum Distributions have no choice but to report that income, whether they need it or not. A QCD sidesteps that entirely.

For 2026 you can move up to $111,000 this way, and if you're married, your spouse can do the same from their own IRA.

But there are rules. The money has to go straight from your IRA custodian to the charity. It can't pass through your hands or your bank account first. And not every charitable vehicle qualifies, which is where a lot of people get tripped up.

If you take the standard deduction, this strategy can be especially powerful since you still get a real tax benefit without needing to itemize.

Salient Wealth Planning ("SWP") is a registered investment advisor. Advisory services are only offered to clients or prospective clients where SWP and its representatives are properly licensed or exempt from licensure.

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The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.

Salient Wealth Planning is a financial advisor serving individuals and couples within 5 years of retirement or already retired.

#RetirementPlanning #PersonalFinance #TaxPlanning #QCD #CharitableGiving

Видео How Qualified Charitable Distributions Work After Age 70½ канала Allie Wooton, CRPC™, RICP®