I have several retirement accounts—some are pensions and some are IRAs. Does it matter which retirement account I use?
Yes. According to the IRS, Qualified Charitable Distributions (QCDs) can be made only from an IRA. To determine if you are eligible to make a QCD, consult your tax advisor or retirement plan administrator.
By Graham|2022-05-08T11:34:58+00:00March 28, 2022|Qualified Charitable Distribution Gifts|Comments Off on I have several retirement accounts—some are pensions and some are IRAs. Does it matter which retirement account I use?