Boost Your Support For Children
The IRA charitable distribution is back for good. You can transfer up to $100,000 (per person, per year) directly from your individual retirement accounts to a qualified charity like Save the Children.
Once you have turned 70 ½, by law you have to withdraw a minimum amount each year from your traditional IRAs and employer-sponsored retirement plans – and it is considered taxable income. When you make a charitable distribution from your IRA directly to Save the Children, it is not taxed.
