IRA Charitable Rollover Tax Benefits


IRA Charitable Rollover Tax Benefits
Individuals age 70 ½ or older can donate up to $100,000 of IRA assets to qualified charitable organizations.
Benefits of making charitable contributions via IRA rollovers include:

  • Reduced taxable income
  • Distributions are not included in the taxpayer’s gross income
  • IRA rollovers can be used to satisfy the donor’s annual required minimum distribution
  • Because the distribution generates neither taxable income nor a tax deduction, even those who do not itemize their returns receive the benefit

It is important to note that tax-free gifts from your IRA can not be withdrawn by the donor, but instead must be paid directly by the IRA custodian to one or more qualified charitiesPlease consult your financial or legal adviser for additional information, and notify the intended recipient(s) that a gift is coming.

If an IRA Charitable Rollover is an option in your particular situation, we hope you will consider naming NICHES Land Trust, a qualified 501 (c)(3) charitable organization, as a beneficiary.

For additional information about NICHES Land Trust, or to make a direct gift online, go to

Thank you!