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4 Reasons to Give from Your IRA

Smart and Convenient Giving for Supporters Over 70½

Here’s an insider tip…

Did you know, that if you are age 70 ½ and older, you can give directly from your individual retirement accounts? For those who qualify, IRA gifts offer a convenient, cost-effective and powerful way to help bring people to Christ and mature them in faith.

You can give up to $100,000 per year as a single person or $200,000 per year as a married couple from separate IRA accounts.

What makes a qualified charitable distribution from an IRA so appealing?

1. If you don’t need the income, your IRA administrator can write a check directly from your account to Love Worth Finding. It’s a simple way to meet all or part of your required minimum distributions and give in a meaningful way!

2. 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 Love Worth Finding!

Is giving from your IRA the right solution for you? To learn more about this and other convenient and cost-effective ways to support Love Worth Finding, call Bob Dawkins, CTFA, or Sam Cox at (800) 274-5683 or email at [email protected].

Love Worth Finding partners with Barnabas Foundation to provide planning assistance at no cost or obligation to you. Since 1976, they have helped thousands of generous givers increase their impact through tax-wise charitable gifts and will planning from a distinctly Christian worldview.