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This tax-smart charitable donation strategy is like 'hitting two birds with one stone,' advisor says

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This tax-smart charitable donation strategy is like 'hitting two birds with one stone,' advisor says


If you're retired and giving to charity this season, there's a planning move that can reduce your 2023 taxes while donating to a worthy cause, experts say. The strategy, known as qualified charitable distributions, or QCDs, allows retirees to transfer money from an individual retirement account to…

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