Not familiar with this term? Your required minimum distribution (RMD) is the minimum amount you must withdraw from your retirement account each year. You generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 70½. For some, these mandatory disbursements are a key part of retirement …
Read more Required Minimum Distributions – A Creative Option
When we think of making a charitable gift, our checkbook is often the first thing that we take out. There are other options, of course. If you’ve reached age 70 1/2 or older, your IRA might be a new source for your philanthropic gifts. By using a Qualified Charitable Distribution, you can make a gift …
Did you get new “wheels” for Christmas or did you vow to get a new vehicle this year? Here’s an easy way to dispose of your old car and make a difference in the lives of older adults. Christian Living Communities is partnering with Cars Helping Charities, also a Colorado non-profit, to make it convenient and …
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