Posts Tagged ‘tax-free qualified charitable distributions’

U.S. Senators Chris Coons and Kevin Cramer (N.D.) have introduced the Charity Parity Act, a bipartisan bill that would allow taxpayers to make direct charitable donations from employer-sponsored retirement plans such as 401(k)s and 403(b)s. Currently, those tax-free qualified charitable distributions are only available through IRAs, requiring additional steps and fees for many donors. Supporters…