Ayesha Rascoe and Paul Singer on the Week Ahead in Washington
Ayesha Rascoe and Paul Singer talked about the week ahead in Washington. Topics included President Trump’s response to t…
| Clip Of Open Phones, Part 2
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Report Video IssueUser Clip: Comment on IRA distributions to pay municipal charities with tax savings
2018-01-08T09:48:09-05:00https://images.c-span.org/Files/06c/20180108094851001_hd.jpgAn IRA required minimum distribution can be paid directly from the custodian/financial institution to a charity which we hope will include proposed charities to support municipalities instead of real property taxes. In this way, no income tax is paid on the IRA distribution saving the senior a significant percentage of income tax on such monies.
An IRA required minimum distribution can be paid directly from the custodian/financial institution to a charity which we hope will include p… read more
An IRA required minimum distribution can be paid directly from the custodian/financial institution to a charity which we hope will include proposed charities to support municipalities instead of real property taxes. In this way, no income tax is paid on the IRA distribution saving the senior a significant percentage of income tax on such monies. close
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