QCD on quarterly setup
Our client has a quarterly QCD set up for his 80% of his RMD in 2025 to go to his church and 4 other charitable organizations.
questions:
- can he take out the balance of his RMD (20%) now?
or…
2. does he have to wait until the end of the year to take it after all the QCD’s are completed?
Thank you
Douglas
Permalink Submitted by Alan - IRA critic on Fri, 2025-02-07 11:24
The non QCD RMD balance can be distributed any time and the planned QCDs later. However, if any additional QCDs are added to the original plan, those additional QCDs would not reduce the taxes on the non QCD RMD already distributed.