Gift and Estate Planning

A qualified charitable distribution can make it easy to minimize the tax bite of your required minimum distribution (RMD) if one is due.

This tax-free transfer from an IRA to charity is an important opportunity to consider if you:

• Plan to make charitable donations
• Don’t need the RMD
• Want to support our mission

Qualified Charitable Distribution Requirements

The tax benefits associated with qualified charitable distributions from IRAs directly to charity are subject to specific requirements:

• a minimum age—you must be at least 70½
• a maximum amount—no more than $108,000 per year (annual aggregate limit for 2025)
• a qualified public charity—no gifts to private foundations, or to set up donor-advised funds or split-interest charitable trusts
• a direct transfer—money must be moved directly from the IRA account to the charity

Satisfy Required Minimum Distributions

Qualified charitable distributions count toward your RMD if one is due.

Consider the Life Income Option

IRA owners who are 70½ or older can make a one-time, tax-free IRA distribution to create a new charitable gift annuity or charitable remainder trust ($54,000 maximum in 2025). This distribution counts toward your RMD if one is due. Spouses may contribute up to $54,000 each from their individual IRAs into a single charitable remainder trust or a joint-life charitable gift annuity. Payments may only go to you and/or your spouse.

Click here to calculate your required minimum distribution.