Save money on taxes while making a donation to the church!  If you own an IRA and are 70 1/2 years of age, you are required to take minimum distributions each year. However, you may not need the added income, nor the added tax burden. Qualified Charitable Distributions are an effective strategy for eliminating taxation on the required minimum distributions taken from your IRA. Contact your Financial Advisor and tax accountants to learn more about this beneficial option!