Personal Finance and Investing

progree

(12,007 posts)

3. Sorry, PITA Pain in the ass. So the only "paper" / snail mail is Vanguard or whoever mails you

Mon Jan 3, 2022, 08:14 PM

Jan 2022

the check and you in turn mail the check to the charity?

I couldn't test it out on my Vanguard TIRA (Traditional IRA) because it has $0 balance, thanks to Trustone, sigh.

But I tested it out on my inherited Fidelity TIRA up to "withdraw from this TIRA" and it gave me a choice of options including "Make a Qualified Charitable Distribution", but then it told me that

"You aren't eligible to make a QCD at this time or our website doesn't support making this transaction for your type of account. For questions or assistance, please call 800-544-6666."

Well, I'm not age 70.5 quite yet, so that hopefully is the problem. I'm pretty sure one can do QCD's from inherited IRAs, I sure hope so.

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Will use QCD again, more so [View all] question everything Jan 2022 OP

Was the QCD thing a PITA, with medallion signature guarantee and snail mail paperwork ... progree Jan 2022 #1

Not sure what PITA is. question everything Jan 2022 #2

Sorry, PITA Pain in the ass. So the only "paper" / snail mail is Vanguard or whoever mails you progree Jan 2022 #3

You do know that you don't have to start RMD until 72? question everything Jan 2022 #4

The one with Fidelity is an *inherited* IRA and I've been having to take RMD's on it progree Jan 2022 #5