GIFTS FROM YOUR IRA - United Way Bay Area
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GIFTS FROM YOUR IRA

YOU MAY BE ELIGIBLE TO MAKE A TAX-FREE GIFT FROM YOUR IRA

 

 

Are you 70 ½ or older? If so, you may be eligible to make a tax-free gift from your IRA called a Qualified Charitable Distribution (QCD)! QCDs are always tax-free, regardless of whether or not you itemize deductions on your tax return.

What is an Individual Retirement Account (IRA)? An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis.

What is a Qualified Charitable Distribution (QCD)? A QCD is a direct transfer of funds from your IRA, payable directly to a qualified charity, as described in the QCD provision in the Internal Revenue Code.

In a matter of minutes, you can make your tax-free gift from your traditional or ROTH IRA.

 

Learn More

 

To make your tax-free gift in just a few minutes, use our free online tool. Simply fill out the information online, print the form at the end, and follow the instructions to mail to your IRA custodian.

 

Get Started Now

 

 

For more information on planned giving please contact Channa Sweet

View all ways to give