Complications to the IRA-to-Charity Distribution Provision
The SECURE Act made significant changes to the retirement plan provisions of the tax code, complicating IRA distributions and donations:
Required Minimum Distributions Have Resumed for 2021
Learn about the minimum required distribution (RMD), and how it works as it relates to income tax:
Time is Running Out to Take Your 2021 RMD
If you have a qualified retirement plan, 401(k), or IRA, you may be required to make a RMD by the end of 2021. Don’t wait.