IRA-Rollover

IRA Charitable Rollover

The IRA charitable rollover is an excellent way for you to support the causes that you care about and manage your charitable giving. It can help you lower your income and reduce your taxes.
  • If you are 70 ½ or older, you can roll over up to $100,000 from your IRA to the Boys & Girls Clubs of Annapolis & Anne Arundel County.
  • Your gift will count against your required minimum distribution (RMD) for the year.
  • Your income and taxes will be reduced this year.
  • You will enjoy the benefits of charitable giving even if you don’t itemize deductions.
  • Your gift will not be subject to the 50% limitation on charitable gifts.
The IRA charitable rollover gift is a way you can give to your Boys & Girls Club at any point during the year. If you typically take your RMD later in the year, please remember us. Your gift must be received by us on or before December 31 to qualify for this tax year.
Please contact us and your IRA administrator for assistance with making an IRA charitable rollover gift this year. Also let us know so that we can be sure to use your gift for the programs that mean the most to you.
Share by: