IRA Qualified Charitable Distributions
IRA Qualified Charitable Distributions (QCD) allow individuals over 70½ to annually donate up to a certain amount in IRA assets directly to a charity while excluding the amount donated from taxable income. Many donors utilize a QCD to make a charitable gift to offset all or part of the taxable income from their required minimum distributions (RMDs) which start at age 72.
For more information, please contact:
BPF Executive Director
Via email to: firstname.lastname@example.org
Via phone to: (520) 705-1053