IRA to Gift Annuity Rollover
Are you looking for a way to help further our mission and enhance your income? If you are 70½ years old or older, you can make a one-time IRA rollover to fund a charitable gift annuity and receive fixed payments for life!
How an IRA rollover to gift annuity works
- Contact us about creating an IRA rollover to gift annuity with The Wilds Christian Association, Inc.
- Contact your IRA plan administrator to make a one-time qualified charitable distribution (QCD) of up to $53,000 from your IRA to The Wilds Christian Association, Inc.
- We will use your IRA gift to fund your gift annuity payments.
- Please note that IRA gifts do not qualify for a charitable deduction.
- After you receive payments for life, there will be a future gift to us.
- Please contact us if you wish your future gift to be used for a specific purpose.
IRA to Gift Annuity Rollover
IRA Rollover
Gift Annuity
Donor
Charity
Benefits of an IRA to gift annuity rollover
- Reduce your taxes with a one-time transfer of up to $53,000 from your IRA to a Gift Annuity
- Receive lifetime fixed payments for you and, if you choose, for your spouse
- Potentially reduce your required minimum distribution (RMD) this year
Contact us
If you have any questions about an IRA rollover to a gift annuity, please contact us. We would be happy to assist you and answer any questions you might have.
.svg)
