Qualified Charitable Distributions from Your IRA to WORT
A Tax-Effective Way to Donate Money!
A charitable gift to WORT from your IRA is one tax-wise strategy that provides benefits to you and to WORT.
Use a portion of your Required Minimum Distribution to make a gift to WORT and avoid paying income taxes on the amount you donate. Depending on the amount donated, this may lower your tax bracket and prevent Medicare surcharges and
· Fulfill part or all of your required minimum distribution for the year.
· Help WORT add new equipment, new programs, new voices.
· You must be 72 years old or older when making the transfer to WORT.
· The transfer must be made directly from your IRA to WORT.
Please consult your financial planner or IRA administrator before making any decision about your retirement plans. Click here for a template to direct your IRA plan administrator to distribute funds to WORT. If you have any questions, please contact Susan at firstname.lastname@example.org or by phone at 608-321-9579.