Reduce Your Tax Burden Even If You Don’t Itemize An IRA Charitable Rollover Gift

Do you own an IRA or other qualified retirement plan?
Are you looking for a tax-wise strategy to make gifts to support your Boys & Girls Club? 
If so, consider making an IRA charitable rollover gift to the Boys & Girls Club of Allentown (BGCA). At your direction, the custodian or trustee of your IRA can transfer money from your IRA directly to a qualified public charity, like ours, so that you can support the causes that matter most to you. This gift is a qualified charitable distribution (QCD), also called an IRA charitable rollover gift.  An IRA rollover has several significant tax advantages. It allows you to give from pre-tax assets. If you do not itemize or are subject to charitable deduction limits, the IRA rollover still allows you to give while receiving tax benefits. An IRA rollover gift could also help you avoid income that could push you into a higher tax bracket.  For more information, contact BGCA at 610-432-9944.