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America's Wealth Management Show

What Is a QCD? Qualified Charitable Distribution

Broadcast on:
25 Sep 2023

You may have heard the term QCD (Qualified Charitable Distribution), but what is a QCD? If you’re 70½ or older, charitably inclined, and have money in tax-deferred accounts—such as traditional IRAs—QCDs might be right up your alley. A QCD is a distribution from an IRA that goes directly to a qualified charity. QCDs aren’t taxed and won’t show up on your tax return. Does that sound intriguing? Dean Barber, Bud Kasper, and Corey Hulstein, CPA are going to help us learn a little bit more about what a QCD is.