Turn RMDs Into Tax-Free Charitable Gifts | Business and Finance News

Facing Required Minimum Distributions? Don’t panic—turn your mandatory IRA withdrawals into a tax-smart win with Qualified Charitable Distributions. Starting at age 73 or 75, you’re legally required to withdraw money, which can spike your taxes, push you into higher brackets, and inflate Medicare costs. But here’s the twist: send those funds directly to charity via a QCD, and it counts toward your RMD without boosting your taxable income. In 2026, you can give up to $111K per person—or $222K if married—and even roll over 401(k) funds first. It’s a simple, powerful way to reduce taxes while supporting causes you love. Just make sure it’s a direct transfer to a qualified charity and stay within limits. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3dadc31a9d5cc6da