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.
An easy way to give and reach people with the Gospel.
Charitable distributions reduce your taxable income. Advantageous even if you do not itemize deductions on your tax returns!
Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.
Gifts are tax-free to the charity. The entirety of your gift will go toward ministry!
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).
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 Senior Development Officer.
The financial content provided on sat7usa.org is educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.