Help Lehman, Save on Taxes

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by: Karl Smith

11/03/2022

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A note from Stephanie McCurry:

Just a reminder to those of you who are 701⁄2 and have not taken your Required Minimum Distribution from your retirement account

for 2022. You are eligible to make a Qualified Charitable Contribution to a non-profit organization of your choice (including Lehman Church). This provision allows you to pass your distribution to the charity tax-free. It must, however, be distributed from your retirement account custodian before any proceeds may come to you. Please contact your financial professional or CPA for additional information. Using a QCD and a standard deduction can save you much in taxes.

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A note from Stephanie McCurry:

Just a reminder to those of you who are 701⁄2 and have not taken your Required Minimum Distribution from your retirement account

for 2022. You are eligible to make a Qualified Charitable Contribution to a non-profit organization of your choice (including Lehman Church). This provision allows you to pass your distribution to the charity tax-free. It must, however, be distributed from your retirement account custodian before any proceeds may come to you. Please contact your financial professional or CPA for additional information. Using a QCD and a standard deduction can save you much in taxes.

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