The IRA qualified charitable distribution is a great tool to make a tax-free gift using your qualified retirement plan. This gift may also satisfy your required minimum distribution (RMD).
Do I Qualify?
• Do you have an IRA?
• Are you 70 ½ years old or older?
If so, designate your financial services firm to make a transfer directly from your IRA to HARP. Gifts can come from a traditional IRA or Roth IRA account and cannot exceed $100,000.
What are the Benefits of a Gift Through Your IRA?
• These gifts can satisfy your required minimum distribution without increasing your income taxes
• You will not pay taxes on your IRA withdrawal when gifted directly to HARP
• Makes an immediate impact and saves more animals in the region now
Name: Humane Animal Rescue of Pittsburgh