Level 11
11-10-2022
10:45 AM
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Lisa,
I think you're correct. RMD is RMD. If he normally makes charitable contributions, you might suggest a QCD (Qualified charitable contribution).
I tell my senior clients with RMDs who normally give throughout the year that instead of weekly/monthly contributions they should make 1 or 2 QCDs from their IRA. Much better tax benefit.
If at first you don’t succeed…..find a workaround