In the latest episode of Amplified Wealth: According to Plan, Kate Fishbein and Tom Farrell explore qualified charitable distributions, or QCDs, and how they may help charitably inclined IRA owners support the organizations they care about while managing taxable income.

Episode Highlights:

What Is a QCD?
Learn how a qualified charitable distribution allows eligible individuals to transfer funds directly from an IRA to a qualified charity.

Who Is Eligible?
Kate and Tom review the age requirements, eligible retirement accounts and important rules surrounding inherited, SEP and SIMPLE IRAs.

QCDs and Required Minimum Distributions
Discover how a properly executed QCD may count toward an annual required minimum distribution while keeping the donated amount out of taxable income.

Why Timing Matters
The hosts explain why QCDs should be coordinated before taking other IRA distributions - and why waiting until the end of the year can create unnecessary complications.

And much more!

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