The IRA Gift (QCD)
Your IRA can provide a tax-smart way to make an impact with Easterseals-Goodwill Northern Rocky Mountain now. The Qualified Charitable Distribution or QCD (sometimes called an “IRA Charitable Rollover”) is a great way to make a tax-free gift now to Easterseals-Goodwill Northern Rocky Mountain and satisfy your Required Minimum Distribution (RMD), too.
How Do I Qualify?
The Qualified Charitable Distribution (QCD) offers multiple benefits for making gifts from your IRA.
- You must be 70½ years or older at the time of the gift.
- Gifts must go directly from your IRA to Easterseals-Goodwill Northern Rocky Mountain.
- For 2024, total QCD gifts cannot exceed $105,000 per donor.
Benefits of Qualified Charitable Distribution
- If you don’t itemize your income tax deductions, a QCD offers all of the benefits of an itemized income tax charitable deduction
- If you are age 73 or older and must take a Required Minimum Distribution RMD, a QCD gift can satisfy your RMD without increasing your income taxes.
- You may direct your gift to a program or area of your choice.
- It is a wonderful way to create an immediate impact on Easterseals-Goodwill Northern Rocky Mountain.
How Can I Make an IRA Charitable Rollover?
Contact your IRA administrator to request a Qualified Charitable Distribution from your IRA to Easterseals-Goodwill.
Talk to Us
Want to see some of the best collectibles, antiques and other finds without leaving home? Check out our Goodwill® online sales.
If you’re unsure whether your item qualifies for a tax deduction, then consider this: if you would give it to a relative or friend, then the item is most likely in good condition and is appropriate to donate. For a guide to help with values check out these IRS Donation Guidelines.