QUALIFIED CHARITABLE DISTRIBUTIONS(QCDs)
Qualified Charitable Distributions (QCDs) are tax-free transfers of funds from an Individual Retirement Account (IRA) to a qualified charitable organization. Beginning at age 70.5, you can contribute up to $ 105,000 TAX-FREE to Raising a Reader. At age 73, you are required to make istributions and giving to charitable organizations is the most cost-effective option!