Serving Stark, Wayne, Tuscarawas, Holmes, Harrison, Carroll & Coshocton Counties
IRA Charitable Gifts
A special opportunity for those aged 70 1/2 and over to gift monies that have never been taxed.
No doubt, you desire to maximize your gifts for the Lord's work. The IRA Charitable Rollover allows donors 70 1/2 years old and over ot make direct charitable gifts from your IRA. Individuals may make gifts to charity from both traditional and Roth IRA accounts without any federal tax liability as long as the gifts are “qualified charitable contributions.” The charitable distribution can count for ALL or PART of your Required Minimum Distribution (RMD); no tax deduction is allowed to the owner, but no income needs to be acknowledged.
Contact your IRA administrator and request a donation from your account to be directly sent to: Child Evangelism Fellowship Inc., PO Box 348, Warrenton MO 63383Federal Tax ID # 38-6091187.