Qualified Charitable Distributions

In this video, Paul Winkler explains how Qualified Charitable Distributions (QCDs) work and why they’ve become such a valuable tool for retirees looking to give back while managing their taxes efficiently. He breaks down how QCDs allow individuals age 70½ or older to donate directly from their IRA to a qualified charity—helping reduce taxable income and even count toward required minimum distributions. Paul also walks through how changes to standard deductions have made QCDs an attractive way to keep charitable giving tax-efficient in retirement.