What is a Qualified Charitable Donation?
Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, are the savviest way for individuals age 70½ or older to use their IRAs to maximize their charitable impact.
A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than a SEP or SIMPLE IRA) directly to a qualified charitable organization, such as Child Advocates of Contra Costa County. This donation generally brings an excellent tax break for the donor.
Whether you want to make a QCD gift to Child Advocates of Contra Costa County today, request a tax acknowledgment letter for a gift already made, or just learn more about QCDs, we have made your life easier by partnering with Life Legacy. With Life Legacy, you can find resources for everything you need right here:
You should always check with your financial planner to ensure this action is right for you.