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Reminder to IRA owners age 70½ or over: Qualified charitable distributions are great options for making tax-free gifts to charity

WASHINGTON —The Internal Revenue Service today reminded IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year. These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans...

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  • November 17, 2022