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Reduce your taxable income in retirement by giving your RMDs to charities . . . that's called a Qualified Charitable Distribution! But it has some particular restrictions that retirees should know before using this strategy. CHAPTERS : 0:45 What is a Qualified Charitable Distribution 2:47 How do QCDs benefit retirees? 3:09 How do QCDs work? 4:26 What are common mistakes with QCDs? 💥 DOWNLOAD our free retirement planning guide: https://financialdesignstudio.com/two... 🚀 WORK WITH US: https://financialdesignstudio.com/get... 👋 ABOUT US: We are a team of financial advisors based Chicago. We specialize in helping professionals plan their retirement through investment management, tax efficiency, and executive compensation. ⚠️ DISCLAIMER: All written content on this site is for information purposes only. Opinions expressed herein are solely those of FDS, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to other parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.