Qualified Charitable Distribution
Give During Your Golden Years
Support Scotty’s House and satisfy your required minimum distribution with a Qualified Charitable Distribution (QCD) from your IRA. It may also help avoid taxes on otherwise taxable distributions.
A QCD allows individuals who are 70½ years old or older to donate up to $100,000 total to one or more charities directly from a taxable IRA. Because the gift goes directly to Scotty’s House, a 501c3 nonprofit, without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $100,000 annually, with some exceptions.
To learn more about eligibility and QCDs, please visit IRS.gov or consult with your tax advisor.
Information on this website is not intended as legal or tax advice.
For information on how any gift may affect your tax situation, please consult with a professional advisor.