What you need to know about charitable distributions from your IRA:
-
A gift from your IRA supports countless people who will know healing and kindness, forgiveness and acceptance, renewal and strength through the varied and vital ministries of Christ the King Passionist Retreat Center
-
IRA owners must be age 70 1/2 or older to make a tax-free charitable contribution.
-
Those who meet the age requirement can transfer up to $100,000 per year. If you file a joint tax return, your spouse can also make a charitable contribution of up to $100,000.
-
An IRA charitable contribution satisfies the annual minimum distribution requirement.
-
Qualified charitable contributions must be made by December 31 each year.
You can donate all or part of your required distribution.
To qualify for the tax break, your IRA trustee must transfer funds directly from your IRA to:
Christ the King Passionist Retreat Center,
6520 Van Maren Ln, Citrus Heights, CA 95621
Legal Name, Address and Tax Identification Number
