Gift Planning Back to Main Website
  • Professional Advisor Resources
  • Gift Planning

    Text Resize
    Print This
    Email This
    Calculate Plan
    eBrochure
    Contact Us
    View Video
    Senior couple outdoors

    Make a Gift From My IRA

    Search IRA Custodians:

    IRA Charitable Rollover

    You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.

    IRA Charitable Rollover
    IRA (Custodian)
    Salvation Army
    Charity image

    Benefits of an IRA charitable rollover

    • Avoid taxes on transfers of up to $100,000 from your IRA to our organization
    • May satisfy your required minimum distribution (RMD) for the year
    • Reduce your taxable income, even if you do not itemize deductions
    • Make a gift that is not subject to the deduction limits on charitable gifts
    • Help further the work and mission of our organization

    How an IRA charitable rollover gift works

    1. Contact your IRA plan administrator to make a gift from your IRA to us.
    2. Your IRA funds will be directly transferred to our organization to help continue our important work.
    3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
    4. Please contact us if you wish for your gift to be used for a specific purpose.

    Gifts from your IRA

    If you are 70½ or older, you can use your IRA to fulfill your charitable goals. You can use the "Make a Gift From My IRA" tool to contact your IRA custodian and make a qualified charitable distribution. We will acknowledge your generous gifts as a qualified charitable distribution, which may satisfy your RMD, if applicable.

    Contact us

    If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.

    NEW IRA TO CGA ROLLOVER OPPORTUNITY!

    Have you heard about the new Secure Act 2.0? The bill allows IRA holders who are at least 70 years old to transfer up to $50,000 tax-free to a charitable gift annuity (CGA). The annuity would provide you guaranteed fixed annual income of at least 5% for the remainder of your life. Depending on your age, your rate could be as high as 9.7%! Visit our new IRA to Gift Annuity Rollover page or contact us to learn more.

    Print This
    Email This
    Calculate Plan
    eBrochure
    Contact Us
    View Video

    Thank You

    Your message has been sent.

    scriptsknown