Qualified Charitable Distribution

Do you have an IRA? Are you at least 70 ½ years of age? If so, making a gift through an IRA charitable roll-over may be right for you!

A qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $100,000 per year to one or more charities directly from a taxable IRA instead of taking their required minimum distributions. As a result, donors may avoid being pushed into higher income tax brackets and prevent phaseouts of other tax deductions.