dmertz
Level 15

Retirement tax questions

And, once an individual reaches age 70½, if you want the contribution excludible from income it must come from an IRA, not from a 401(k).  To be able to make Qualified Charitable Distributions in the year the individual reaches age 70½ and beyond, prior to the year that individual reaches age 70½ that individual will want to roll the money from the 401(k) to an IRA.