A Safer Retirement and Environment – What We’re Implementing to Help Keep You Safe: READ MORE

Here at Chadmere Capital Inurance and Financial Services, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Chademere Capital Insurance and Financial Services
(803) 242-1050



By Sarah Brenner, JD
IRA Analyst


Can a QCD be used to pay dues to a charitable organization?


This is an area where we receive a lot of questions. To qualify as a QCD, there cannot be any benefit back to you from the funds that go from your IRA to the charity. Paying dues required for membership would be a benefit back to you and as such would not qualify as a QCD.


My brother and I are both recently retired. Our father is 90 years old. Dad has listed my brother and me as co-beneficiaries (each entitled to 50%) of his Roth IRA account upon his passing.

Do you believe this is the best/correct form of beneficiary title for my brother and me? If not, please detail what specifically you would recommend. What if my bother wants to cash out his 50% of the Roth account in the same year Dad passes, and I want to retain my 50% of for up to 10 years and then cash it out? Do we need to address this possibility with modified beneficiary title/instructions in advance?

Thank you,



Hi Greg,

Your father’s plan to name both you and your brother as equal beneficiaries directly on his Roth IRA beneficiary form is a good one. By your father indicating on the beneficiary designation form exactly who is entitled to the IRA funds after his death and exactly how much each beneficiary will get, many of the issues and complications that can arise after the death of an IRA owner will be avoided

After your father’s death, separate inherited Roth IRAs should be established for both you and your brother. Each of you can do what you like with your share. If your brother wants to take an immediate distribution of his share and you choose to maximize the time allowed by the 10-year rule, that is not a problem. There is no need for any additional instructions to be added to the beneficiary form to address this situation.


Ready To Take



For more information about any of our products and services, schedule a meeting today.

Or give us a call at (803) 242-1050

Investment advisory services offered through Foundations Investment Advisors, LLC (“Foundations”), an SEC registered investment adviser. Nothing on this website constitutes investment, legal or tax advice, nor that any performance data or any recommendation that any particular security, portfolio of securities, transaction, investment or planning strategy is suitable for any specific person. Personal investment advice can only be rendered after the engagement of Foundations, execution of required documentation, and receipt of required disclosures. Investments in securities involve the risk of loss. Any past performance is no guarantee of future results. Advisory services are only offered to clients or prospective clients where Foundations and its advisors are properly licensed or exempted. For more information, please go to https://adviserinfo.sec.gov and search by our firm name or by our CRD #175083.

 ADV Part 2A & Form CRS              Privacy Policy