IRA Qualified Charitable Donation
If you are taking an IRA distribution this year, you might pay more in taxes. Donating (QCD’s) part of your IRA’s required minimum distribution to CWC can help your tax bill while supporting life.
If you are 70 1/2 or older and don’t need your required minimum distribution, you can make a gift of up to $100,000 this year from your IRA to help further CWC’s mission. If you’re married, you can double your IRA rollover benefits. While you won’t receive an income tax deduction, you won’t pay taxes on any distributions made to CWC.
- 70 1/2 years or older
- Direct up to $100,000 per person
- Check made out to CWC from IRA custodian
Contact your IRA administer to get started and let your plans so we can use your gift for CWC causes that mean the most to you!
Questions? Contact Bruce Kuehl at bkuehl@lifestagewealth.com