Consider an IRA Charitable Rollover If you are 70
1/
2 or older, the IRA rollover is a great way for you to make a gift to support our parish. IRA rollover gifts can make a huge difference. These gifts will help sustain us in our important work to strengthen our community. The IRA rollover's key provisions are:
The IRA rollover allows donors 701/2 or older to transfer up to $100,000 directly from their IRA to a qualified 501c3 charity on an annual basis.
An IRA rollover gift is a tax-free distribution for the donor. Qualifying individuals can make charitable gifts using pre-tax IRA assets rather than taking a distribution, paying income taxes and using after tax assets to make a charitable gift.
An IRA rollover gift can be used to meet all or part of an IRA's annual required minimum distribution .
For more information on making an IRA Rollover gift to our parish, contact Cynthia Simper at 281.205.1180
csimper@stanne-tomball.org