Qualified Charitable Distribution from Your IRAA charitable IRA rollover is an easy way to support Catholic Charities' life-giving work and avoid increasing your taxable income. Simply make a qualified charitable distribution from your traditional or Roth IRA directly to Catholic Charities.
A QCD is a direct transfer of funds from your IRA custodian, payable to Catholic Charities USA. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain requirements are met (see below). In addition to the benefits of giving to further our mission, a QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA. Keeping your taxable income lower may reduce the impact to certain tax credits and deductions, including Social Security and Medicare. Review the requirement and restrictions below:
Ready to make your gift? Review these next steps:
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