HOW TO MAKE A PLEDGE FROM YOUR IRA
Members of Chapel in the Pines who are 70 ½, or older, can make their yearly pledge from their Individual Retirement Account (IRA). Known as a Qualified Charitable Distribution (QCD), donating in this manner may provide a significant tax advantage to members who are 72 or older. To do so, instruct your IRA trustee to make a distribution directly from your IRA to Chapel in the Pines. The distribution must be one that would otherwise be taxable to you.
Additional information on this topic (provided by Opus Financial Advisors who gave a presentation on this topic at CITP in 2018) is available by clicking on the links below. Of course, it is recommended that you consult with your individual tax advisor before making any financial or tax decisions.