Retirement Planning

Qualified Charitable Distributions from IRA accounts are a win-win. Go ahead. Make that charitable gift in a way that maximizes the amount going to charity and minimizes the amount going to taxes for the politicians to play with. Who do you trust more to do good things with your money, your favorite charity or the politicians?

For years, I have been telling people a little known secret of IRA’s.  There is a way you can pass the benefit of your IRA to your heirs tax free.  Recently Bob Carlson in his newsletter recently discussed the strategy.  It combines an IRA with a Donor Advised Fund.  He quotes David Phillips and calls it…