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IRA to Charity- Benefits and Pitfalls

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It’s become vogue for our wealthier seniors (those whose finances do not rely on the need for IRA distributions) to make qualified charitable distributions.  That is when all or part of the annual RMD (required minimum distribution) is funneled directly to a charity- without once taking possession of the funds.  The funds that are directly channeled do not count as part of the donor’s taxable income.

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Masks, yet again

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Here we are again. Shaking in our boots because of COVID-19.

Sure, this new variant (omicron) seems far less lethal, but it’s more prone to infect us. (That’s what happens when the SARS-CoV-2 virus adopts characteristics of the common cold virus. That’s what can happen when an uninoculated subject is invaded by the SARS-CoV-2 virus while suffering from – or about to – the common cold.)

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