There’s been a lot of talk over the past few weeks about how the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has provisions impacting IRAs (no RMDs for 2020) and other retirement accounts (waives early distribution penalties for multiple, common retirement accounts). However, there’s been little talk about how the legislation may impact Qualified Charitable Distributions (QCDs). Why is that? Well, it’s because the CARES Act doesn’t impact QCDs. Yes, that’s right; QCDs will work the same this year as they did in previous years. So if you were thinking about making a charitable contribution from one of your retirement accounts before the Coronavirus pandemic hit, then you can still go ahead with your plans so long as it’s still feasible for you. As with all QCDs, regardless of the global and economic conditions, it’s important that you understand what you can and cannot do with them and to follow the rules for making one. If you have questions or are uncertain about whether a QCD is right for you, then you should speak with a certified financial planner or wealth manager.