Ask Terry Questions Donor Funds

Donor Funds

By Terry Savage on December 11, 2024 | Financial Planning / Retirement

Hi Terry,
In your most recent article, you discussed advantages of donor funds and RMD’s.
Question is: can contributions to a donor fund count towards your RMD requirement for the year?
Enjoy your articles. Keep up the good work.

Terry Says

Yes, if the money is transferred directly to the Donor Advised Fund by your plan custodian — before year-end.

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