Today on Financial Revelations David reminds those who are over 72.5 years old that they need to take out their Required Minimum Distribution (RMD). He also talks about how you can make Qualified Charitable Distributions once you are in RMD status. Some perks of using this as a distribution are:

• No taxes taken from it
• Goes directly to your charity of choice
• You get a 25% tax break

"A generous person will prosper, those who refresh others will themselves be refreshed" Proverbs 11:25

"God loves a cheerful giver" 2 Cor 9:6-7

On the eve of Thanksgiving, David wants to encourage those who can to be charitable and generous with their time and money. Examples of little ways everyone can help:

• Tip a little more at dinner
• Give to Angel Tree
• Give a gift card to a single parent or widow
• Become a monthly supporter to a local mission/missionary
• Help fund a mission trip

As always you can hear David every Thursday on WCRF Cleveland 103.3 or on the Moody Radio App.

You can reach us at (800) 344-2354

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