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Financial expert recommends donating to charity through retirement fund

Those who have a retirement account are required to withdraw a portion of it every year due to their age.

News 12 Staff

Jan 5, 2025, 9:25 PM

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A local financial expert says if retirees donate directly to a qualified charity from their retirement account, they won't have to pay taxes.

Those who have a retirement account are required to withdraw a portion of it every year due to their age.

He recommends donating to a qualified charity in one's own community to help people nearby.

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