Qualified Charitable Distribution (QCD)
At age 70 ½ you can begin taking a QCD from your IRA, but at age 72 you are required by law to withdraw the Required Minimum Distribution (RMD) amount from your retirement account. These withdrawals are seen as taxable income and in some cases can move you into a higher tax bracket.
By donating directly from you IRA to the Garden, you’re able to lower your adjusted gross income and effectively reduce your income taxes.
Donate Now With a QCD
To begin your gift, please contact your account manager. You may also download a sample IRA letter of instruction to send to your account manager to start your donation.
Important Notice
As always, please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. The Garden does not provide legal or tax advice.