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WKBT March 9, 2021 9:12 AM newsfeedback@fool.com (Adam Levy) Posted: Updated: March 11, 2021 7:41 AM If charitable giving is a significant part of your retirement plans, you have a lot of options for making your contributions. You can donate cash directly, send appreciated stock to your charities of choice, or use a donor-advised fund to manage your contributions and distributions each year. While each has its pluses and minuses, the best option for many older retirees is a qualified charitable distribution from a traditional IRA. Image source: Getty Images. What’s a qualified charitable distribution? A qualified charitable distribution, or QCD, is a withdrawal from an IRA that’s paid directly to a qualified charity. The account owner must be at least 70½ years old at the time the distribution is made (not merely turning 70½ that year).

Adam levyWay for retirees to give charityRetirees to give charity imageBest waySocial securityபண்படாமனித இயல்பு வசூல் செய்தல்வழி க்கு ஓய்வு பெற்றவர்கள் க்கு கொடுங்கள் தொண்டுஓய்வு பெற்றவர்கள் க்கு கொடுங்கள் தொண்டு படம்சிறந்தது வழிசமூக பாதுகாப்பு