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Debate: Should QCDs Be Allowed From 401(k)s?
Expert Opinion May 20, 2026 at 03:55 PM
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What You Need To Know
- Taxpayers who are at least 70.5 years old can transfer up to $111,000 (in 2026) from their IRA to a qualifying charity.
- The QCD offsets the taxpayer's RMD for the year.
- This allows the taxpayer to reduce overall tax liability instead of taking a federal tax deduction for the donation.
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