Dossier
Internal Revenue Code
Coverage of Internal Revenue Code in the Nexus archive.
- New bipartisan bill would let retirees use their 401(k) to make direct charitable donations
A new bipartisan bill aims to allow retirees to make direct charitable donations from their 401(k) accounts. Currently, qualified charitable distributions can only be made from individual retirement accounts for people aged 70 1/2. The proposed change would expand donation options for retirees.