Legacy Giving – IRA Distribution/QCD

A Qualified Charitable Distribution (QCD) allows IRA holders, age 70 ½ or older to donate to Loving Care Cat Rescue from their Traditional or Roth IRA (including inherited IRAs) tax-free.

• The donating IRA holder (or beneficial owner of an inherited IRA) must have attained age 70 ½ on or before the date the QCD check is issued.
• A QCD can, but is not limited to, satisfy a Required Minimum Distribution.
• A donor may not receive any benefit from the QCD.
• Donor-Advised Funds and Charitable Giving Funds will not qualify for a QCD.
• Annual limits are indexed for inflation (See Annual IRS Guidelines).
• Funds must be issued directly to Loving Care Cat Rescue from the IRA.

For More Information

Loving Care Cat Rescue – lovingcarecatrescue@gmail.com for assistance in facilitating your gift. Email communications are returned within 24-72 hours.

Disclaimer

The information provided here is not intended as legal, investment, or tax advice.  For guidance specific to your situation, please consult your independent attorney, financial or tax advisor.