IRA Gifts

HELP REACH MORE ADULTS, FAMILIES, AND CHILDREN WITH THE GOSPEL

If you are 70 ½ or older, you can make a sizable gift from your individual retirement account (IRA) to reach people with the Gospel and receive significant tax benefits in return. You can give a tax-wise gift of up to $100,000 per year in IRA assets and make God’s love visible in the Middle East and North Africa.

BENEFITS OF AN IRA CHARITABLE ROLLOVER

Convenient

An easy way to give and reach people with the Gospel.
Tax-wise

Charitable distributions reduce your taxable income. Advantageous even if you do not itemize deductions on your tax returns!
Promises kept

Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.
Impactful

Gifts are tax-free to the charity. The entirety of your gift will go toward ministry!

REQUIREMENTS OF A QUALIFIED CHARITABLE DISTRIBUTION

You can give to charity from your IRA without any federal tax liability, as long as the gifts are qualified charitable distributions (QCDs). Distributions qualify for all or part of an IRA owner’s required minimum distribution (RMD).

IRA holders must be age 70 ½ or older at the time of the gift.
Give up to $100,000 per year as a single person or $200,000 per year as a married couple from separate accounts.
Gifts must be outright gifts made directly to a charitable organization.
Distributions to donor-advised funds, charitable trusts, or charitable gift annuities are not permissible.
Distributions may be made from IRAs, including a traditional IRA, inherited IRA, SEP IRA (inactive), or simple IRA (inactive). Other retirement accounts are not eligible.

LEARN MORE

To learn more about giving from your IRA and age requirement changes resulting from the SECURE Act, download the free copy of Giving From Your IRA or connect personally with John Frick, SAT-7 Vice President of Development.