OSV NEWS | SEAN MOLLOY COURTESY IRISH CATHOLIC Father Gerard Quirke raises the chalice at Mass Rock overlooking Keem Bay on Ireland’s Achill Island April 4, 2021.

ordained from the seminary, and they are serving in the parishes of the Archdiocese of Armagh and in the Diocese of Dromore. Martin Long, a spokesman for

Armagh, told OSV News that another 16 men from six countries (Croatia, Italy, Malta, Poland, Spain and the U.S.) are currently studying for priesthood there.

If the RMD pushes your AGI above $97,000 (single) or 3.

$194,000 (married filed jointly), you’ll have to pay the

Your increased AGI could also mean more of your 4. high-income surcharge on your Medicare premiums.

Social Security is taxable.

An Alternative to RMDs: QCDs

If you don’t need all of your RMD, there is a way to avoid some of these tax consequences: donate your RMD penalty payable to the IRS. Skipping it results in a hefty R T i h n e co ta m x e c f o r d o e m re y q o u ur ir I e R s A th t a h t e y

3. g

The year you turn 73, the tax law mandates you take a Unfortunately, you can’t avoid those taxes indefinitely. IRAs, allow you to save money and grow it tax deferred. retirement. You know pre-tax retirement accounts, like You spend years working hard and planning carefully for turn 70½. from your IRA the year you qualified charitable deductions

To make the donation a non-taxable to charity.

Not yet 73? You can begin making charity forever. will support your parish or favorite to build a permanent endowment that during your lifetime, you can use QCDs establish a perpetual charitable legacy nonprofit of choice. Or, if you want to the money directly to your parish or (QCD), your IRA custodian must send qualified charitable distribution