IRA required minimum distribution Archives ⋆ Joseph L. Motta Co.

Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. RMDs begin when a person reaches either age 72, 70½ if they reached this age before January 1, 2020, or the year Read More …

Don’t Want an IRA Distribution? Donate It to Charity.

March 3, 2022March 14, 2022

Not everyone wants to take the required minimum distributions from their retirement accounts right away. If you don’t want your distribution, one option is to donate it to charity and get a tax deduction. You are required to begin taking Read More …

Your Local Estate Planning Attorney

Tag: IRA required minimum distribution

What You Should Know About Required Minimum Distribution

Don’t Want an IRA Distribution? Donate It to Charity.