Qualified Charitable Distribution (QCD) Information

A qualified charitable distribution (QCD) is a withdrawal from an individual retirement arrangement (IRA) that's made directly to an eligible charity. IRA account holders who were at least age 70.5 at/prior to the end of the year, you can contribute some or all of their IRAs to charity. Please contact your tax advisor to see if you qualify for this tax-free withdrawal as it needs to be done correctly.