Did you know your IRA is a great source for making simple, tax-free gifts to your favorite charity? If you’re 70½ years or older, you can transfer your IRA Required Minimum Distribution (RMD) to a qualified charity**, or give up to $100,000, without counting the distribution as income. And your contribution to our Ronald McDonald House would benefit families immediately!
Benefits of a charitable IRA rollover*
- Easy way to provide comfort and relief to families.
- Counts towards your IRA’s required minimum distribution.**
- No income taxes are paid on the gift. You benefit even if you don’t itemize your deductions.
- Doesn’t increase your adjusted gross income.
- May help you avoid the Medicare high-income surcharge.
- Can mean less of your Social Security is taxable.
- Your contribution may qualify you for membership in our Giving Circles.
*Please consult your personal tax advisor to confirm your individual circumstance.
**Note: The RMD requirement has been waived for 2020, per the CARES Act signed into law on March 27, 2020.
We’re here to help you!
Please contact Beth Van Eetveldt at 858.598.2435 / beth@rmhcsd.org for the following:
- Ask to discuss IRA distribution options.
- Ask for a sample Request for Charitable Distribution to send to your IRA administrator.
- Learn about the Ronald McDonald House Charities of San Diego Legacy Society and membership benefits.
- Ask to receive our planned giving newsletter/e-newsletter: Planning from the Heart
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