Iodine (in the form of iodide) is added to table salt to help prevent iodine deficiency. Since the 1980s there have been efforts to have universal salt iodization. This has been an affordable and effective way to combat iodine deficiency around the world, but not all salt contains iodine, however.
Generally, a qualified charitable distribution is an otherwise taxable distribution from an IRA (other than an ongoing SEP or SIMPLE IRA) owned by an individual who is age 70Â½ or over that is paid directly from the IRA to a qualified charity.
Funds that have been distributed from the IRA to the IRA owner and are then contributed to charity canât so qualify. QCDs offer advantages over taking a taxable IRA distribution and then contributing the proceeds of that distribution to a charity. Thatâs because taxable IRA distributions must be included in adjusted gross income. As a result: