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Can REQUIRED MINIMUM DISTRIBUTIONS be given to charities?

Updated: 8/16/2019
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16y ago

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Sure. But you would be wiser to give the inverstment from a non-qualified account as a donation. It can be given with the deduction being at it's current or stepped up basis, without you having to actually sell it and realize that income first. Whereas, any RMD from your qualified plan is in taxable income.

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16y ago
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Q: Can REQUIRED MINIMUM DISTRIBUTIONS be given to charities?
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