Back to Press

Last Minute Moves to Reduce Your Taxes

Read Here

“If you are 70.5 years old or older, are charitable, and have money in your IRA, consider utilizing a qualified charitable distribution,” says Schwartz. With a direct donation, you can avoid the taxes that come with an IRA withdrawal.

“Additionally, a QCD [qualified charitable distribution] can offset the taxes resulting from required minimum distributions and potentially lower your social security taxation,” says Schwartz.

Read Full Article

Recommended Reading

Have a Question?

Our advisors are here to help you get clarity and share resources.

Talk to an advisor