QCD’s

Submitted by Anna Dujan on Wed, 2023-11-29 17:43

Can my client take a QCD from their IRA account if they are over 73, still working, and contributing to a traditional 403b or 401k account? If so, will their contribution still reduce their income or will it disallow their QCD? Very confusing. Thanks in advance.

Anna Dujan



Submitted by David Mertz on Wed, 2023-11-29 18:35

  • Contributing to a 401(k) or a 403(b) has no effect on one’s ability to make a QCD or exclude the QCD from taxable income.
  • Only deductible traditional IRA contributions made in or after the year the individual reaches age 70½ have any effect on QCDs.  QCDs are includible in income to the extent that one has made such traditional IRA contributions.


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