You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as Stairways without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution or QCD for short.
Why Consider This Gift?
Contact your financial or legal professional to discuss your options. In addition, please contact our office if you intend to make this type of gift for proper processing.
FOR MORE INFORMATION CONTACT:
(814) 817-1400 ext. 1479