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Old 11-13-2019, 09:47 AM
LuvtheVillages LuvtheVillages is offline
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The Qualified Charitable Donation can be a valuable way to manage this situation. The funds have to go directly to the charity. This will satisfy the Required Minimum Distribution, not affect your Adjusted Gross Income (thus avoiding taxes and possible Medicare premium increases) and also support a cause that is important to you.

If you support your church with monthly contributions, or your church's building fund, you can pay the entire year's obligation with this one transfer.
 
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