If you are diagnosed with hypersomnia, your doctor can prescribe various drugs to treat it, including stimulants, antidepressants, as well as several newer medications (for example, Provigil and Xyrem).
You may have your 2015 RMD made payable directly to the charity (provided it meets the IRS definition of a qualified charity), and then designate it as a qualified charitable distribution on your tax return. You'll have satisfied your distribution requirement, and you won't have to pay income taxes on that money.
QCDs â Qualified Charitable Distributions â are a means of transferring IRA assets to a charity. The transfer is not taxable to the account owner and a charitable deduction cannot be taken. The basic rules for a QCD follow: â¢ You must be at least 70 Â½ at the time of the transfer. This applies to both IRA owners and IRA beneficiaries. â¢ You can transfer up to $100,000 per person, per year.