A QCD is a distribution that goes directly from an IRA to a qualified charity. QCDs are allowed after you turn 70.5, and allow you to transfer up to $100,000 per individual per year from your IRA to a qualified charity.

This is especially advantageous when you are subject to RMDs because:

So, if your RMDs are taking you above your preferred tax bracket or IRMAA tier and you are charitably inclined, you may want to consider QCDs.

You may model a QCD using the Disbursement feature, and selecting "deductible." Navigate to My Plan > Expenses and Healthcare > Disbursements.

Unfortunately, at this time, the calculation will not reduce the RMD but this feature enhancement is on our Roadmap.