CHARITABLE DISTRIBUTION FROM AN IRA
A GIFT THAT KEEPS ON GIVING!
You can make a contribution directly from your traditional IRA without it being considered a taxable distribution.
If you have a traditional IRA, did you know that once you are 72 or older you are required to make a minimum distribution from your IRA every year? And that this triggers taxes?
But there is another way. You can make a contribution directly from your traditional IRA to a qualified charity, like the Land Trust of Virginia, and up to $100,000, without it being considered a taxable distribution.
This year-end distribution is a great way to make a difference and increase the pace of conservation. For more information on making a qualified charitable distribution (QCD), please contact your financial advisor, call Sally Price, Executive Director, at (540) 687-8441 or email her at firstname.lastname@example.org and she will be happy to help you.