mehmgo Posted December 21, 2015 Posted December 21, 2015 Witht the new tax law that was passed recently, would the 70.5 RMD section where someone is allowed to make a tax free required distribution from IRAs to a qualified charitable organization apply to 401k plans as well?
WCC Posted December 21, 2015 Posted December 21, 2015 Please see the below link. Is this the law you are referring to? If so, it does not apply to employer sponsored plans as noted in the link. https://www.irs.gov/uac/Newsroom/Tax-Free-Transfers-to-Charity-Renewed-For-IRA-Owners-70-and-One-Half-or-Older-Rollovers-This-Month-Can-Still-Count-For-2014
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