Do you have a tax-efficient retirement income strategy that maximizes your after-tax wealth? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to [ Ссылка ].

Required Minimum Distributions can often be a tax burden for retirees. Specifically when that retiree doesn't want to take the forced income.

There are numerous steps you can take in order to minimize RMDs. An often-overlooked strategy is charitable giving, specifically for those that have this retirement goal.

How can a retiree avoid taxes and maximize their charitable gift?

Qualified Charitable Distributions or QCDs.

QCDs offer numerous tax benefits and tax planning options for retirees over the age of 70 1/2.

Unlike most charitable giving, you don't have to itemize in order to benefit from a QCD. It is an above the line deduction.

In this video, we discuss how retirees can successfully use QCD strategies within their forward-looking tax plan. We cover:

✅ What is a QCD and why is this specifically powerful as an RMD mitigation strategy

✅ Details you need to know when implementing a QCD strategy such as the RMD aggregation rule

✅ How a QCD can be used within your overall Roth Conversion strategy to save on tax liabilities

#QCD #RetirementIncomePlanning #TaxPlanning

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