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DP
I have a doctor aged 72 with his own practice that needs to take an RMD from his Profit Sharing plan this year. His broker told him he could take this RMD and send it directly to charity.

My question is does this IRA Charitable Rollover apply to Profit Sharing Plans, or only to IRA's? If it applies to Profit Sharing Plans, how is the 1099-R coded? Thanks.
Appleby
It does not apply to qualfiied plans.
See http://www.retirementdictionary.com/articles-gifting.htm
DP
Thank you. That's what I was wanting to hear.
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