Turning 70 1/2 and I do not need my Required Minimum Distribution (RMD)...
You will be turning age of 70 ½, the magic number in which the IRS requires you to take your required minimum distribution from your IRA account(s). Fortunately through proper planning, this income isn't needed to meet your financial needs. However, this RMD is enough to potentially have a negative impact on your tax situation. The good news is a Qualified Charitable Distribution (QCD) can help benefit your favorite charitable organization while simultaneously benefiting your