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Level 1
posted Sep 28, 2022 10:48:54 AM

QCD

Can you take a qcd from a 401k or 457?

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1 Best answer
Expert Alumni
Sep 28, 2022 10:54:22 AM

No, a Qualified Charitable Deduction (QCD)  cannot be made from an employer-sponsored plan such as a 401(k), 403(b), or 457 plan. However, QCD can be made from IRAs.

1 Replies
Expert Alumni
Sep 28, 2022 10:54:22 AM

No, a Qualified Charitable Deduction (QCD)  cannot be made from an employer-sponsored plan such as a 401(k), 403(b), or 457 plan. However, QCD can be made from IRAs.