IRA Charitable Rollover If you are age 70½ or older, an IRA rollover gift (also called a Qualified Charitable Distribution or QCD) may be one of the most tax advantageous ways for you to support York College without affecting your checking or savings account balance. Gifts made through an IRA (up to $100,000 per year) are not reportable as taxable income. They also qualify for your required minimum distribution (RMD) for those age 72 years and older.
Guidelines for the IRA Charitable Rollover (QCD) for direct transfers from a traditional or Roth IRA to a qualified public charity include:
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York College1125 E 8th St
York, NE 68467 1-800-950-YORK 1-402-363-5600 www.york.edu York College Online http://online.york.edu The mission of York College is to transform lives through Christ-centered education and to equip students for lifelong service to God, family and society. |
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