A Charitable Strategy for Required Minimum Distributions

What if you don't need your Required Minimum Distribution for living expenses? Peter Hanson discusses how a Qualified Charitable Distribution (QCD) may allow eligible retirees to direct funds from a retirement account to a qualified charitable organization while satisfying RMD requirements. Understanding available options can be an important part of retirement planning. #RMDs #RetirementPlanning #CharitableGiving #FinancialEducation #NorthernAllianceFinancial * * * A Qualified Charitable Distribution ("QCD") is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions ("RMDs") for the year, as long as certain rules are met. Some charities may not qualify for QCDs. First consult your tax advisor or the charity for its applicability.

Added 4 Aug 2026