Personal Finance (Not Investing) • QCDs before age 73?

Basic question, while I am on my first cup of coffee: would OP be better off funding a DAF until RMD time? Would that allow the tax advantaged giving to charity?

There isn’t a general truth here. In many cases the answer is yes. There are situations where doing QCDs prior to RMD age make sense. Among them, if one needs to make an IRA distribution prior to RMD age (either to provide operating expenses AND one wants to make current year contributions OR if one is well below the standard deduction, then a QCD can certainly make sense.

Statistics: Posted by jebmke — Sun Mar 10, 2024 7:04 am — Replies 25 — Views 1627

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