One of the newest blood thinners on the market, doctors prescribe Eliquis to prevent blood clots and strokes. Bristol-Myers Squibb and Pfizer tout their drug as one of the safest available, but clinical trials involved several flaws, leading some experts to believe the results are unsubstantiated.
Charitable Donation Option for IRAs Qualified charitable distributions give traditional IRA owners the opportunity to give their required minimum distribution directly to a qualified charity so that they do not have to include the income on their income tax return. To be eligible, you must be at least 70 1/2 years old and must get a receipt from the receiving charity.
Take the amount of the expected RMD to your traditional IRA trustee. Confirm with them the amount you will be required based on current account values (there may be market fluctuations). Fill out the paperwork to do a partial conversion from your traditional IRA to a Roth IRA.f you reach age 70-1/2 with money in a traditional IRA, you will be required to take a minimum taxable distribution from your IRA regardless of whether you need the money. Since this money has never been taxed, Uncle Sam will now want his share.