IRA Charitable Rollover Gift

IRA Charitable Rollover Gift

If you are 70 1/2 or older, making an IRA Charitable Rollover gift is a great way for you to support UUCJ.

  • An IRA Charitable Rollover gift can be used to meet all or part of an IRA Required Minimum
    Distribution (RMD).
  • You pay no income tax on the gift. The transfer generates neither taxable income nor a tax
    deduction, so you benefit even if you do not itemize your taxes.
  • The IRA rollover allows donors who are 70½ or older to transfer up to $100,000 directly from
    their IRA to charity each year.

Contact your IRA plan administrator to make a gift from your IRA; specify that you want to
make an IRA Charitable Rollover.

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