Qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end of the year. IRA owners age 70½ or over can transfer up to $105,000 to charity tax-free each year. And, for those who are at least 73 years old, QCDs count toward the IRA owner's required minimum distribution (RMD) for the year.

To learn more about setting up a QCD, please reach out to your financial advisor. Our federal tax ID number is 47-3105667.