How Qualified Charitable Distributions Cut Your Tax Bill

In this episode of Wealth Building with Fexingo, Lucas and Luna explore the strategic use of Qualified Charitable Distributions (QCDs) for retirees who are at least 70½ years old. They break down how QCDs allow you to donate directly from your IRA to charity, satisfying your Required Minimum Distribution without adding to your adjusted gross income. Using a concrete example of a retiree with $100,000 in RMDs, they show how shifting $20,000 to a QCD can reduce taxable income, lower Medicare premiums, and benefit your favorite cause. They also discuss the $105,000 annual cap for 2026, the importance of having the charity send you a receipt, and how QCDs differ from donor-advised funds. The conversation is anchored in the current tax environment as of July 2026, making it immediately practical for listeners planning their year-end giving. #QualifiedCharitableDistribution #QCD #RetirementPlanning #TaxStrategy #CharitableGiving #IRA #RequiredMinimumDistribution #RMD #WealthBuilding #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #Medicare #TaxEfficiency #DonorAdvisedFund #Philanthropy #Retirees Keep every episode free: buymeacoffee.com/fexingo