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.
QCDs â Qualified Charitable Distributions â are a means of transferring IRA assets to a charity. The transfer is not taxable to the account owner and a charitable deduction cannot be taken. The basic rules for a QCD follow: â¢ You must be at least 70 Â½ at the time of the transfer. This applies to both IRA owners and IRA beneficiaries. â¢ You can transfer up to $100,000 per person, per year.