When it comes to year-end planning for retirement accounts, there is no time like the present! With that in mind, here are three year-end IRA and 401(k) moves to consider…Correctly Distribute all of Your RMDsNo year-end planning for retirement accounts is complete without checking to make sure that you’ve correctly taken all of your RMDs. Satisfying IRA RMDs Using Qualified Charitable DistributionsIf you still haven’t taken your full IRA RMD and you are charitably inclined, you should give some consideration to something called a Qualified Charitable Distribution (QCD). In short, QCDs are special IRA distributions that can “offset” up to $100,000 of your cumulative IRA RMD each year. In such cases, you should not only consider how much to contribute to your “regular” retirement plan, but also whether you should be creating a retirement plan of your own!

Source: Forbes December 11, 2018 00:22 UTC