Daily Drive | Qualified Charitable Distributions
Update: 2024-12-02
Description
As the end of the year approaches, many folks have charitable giving on the mind. In this episode, Scott and Philip discuss how you might be able to use your IRA when making contributions to your preferred charities by utilizing qualified charitable distributions, or QCDs. Scott and Philip discuss what a QCD is, the requirements and limits around QCDs, and the financial advantages of utilizing QCDs. They wrap up by discussing the kinds of charities that qualify for a QCD. Join them as they pack a lot of information into this short Daily Drive episode!
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