4 Reasons to Give from Your IRA

Smart, Convenient Giving for Supporters Over 70½

 

Here’s an insider tip…

More and more supporters are giving to Flat River Outreach Ministries

directly from their retirement accounts through what’s known as a “qualified charitable distribution” (often referred to as a “QCD”).

For those ages 70 ½ and older who qualify, these gifts offer a convenient, cost-effective, and powerful way to share your heart with the community.

What makes a qualified charitable distribution so appealing?

1. If you don’t need the income, you can give directly from your IRA to Flat River Outreach Ministries. It’s a simple way to meet all or part of your required minimum distributions and provide meaningful support!

2. Qualified charitable distributions reduce your taxable income. This is advantageous even if you don’t itemize deductions on your tax return.

3. Gifts from your IRA can be used to fulfill any charitable giving pledges you have made.

4. Any IRA distributions you make to charity will not be taxed. The entirety of your gift will go toward FROM!

Is giving from your IRA the right solution for you? To learn more about this and other convenient and cost-effective ways to support Flat River Outreach Ministries, call Arianne at 616.897.8260 x 135 or email arianneh@fromlowell.org.