IRA Rollover
*Please talk with your tax adviser or other financial professionals to determine whether an IRA charitable rollover could benefit you.*
Here are some key features of a qualified charitable distribution:
- You must be at least 70 ½ years old.
- You may transfer up to $100,000 per year directly from your traditional or Roth IRA to Best Friends or other qualified charitable organizations.
- Married couples can each gift up to $100,000 per year from their IRA if they each meet the requirements above.
- You may not receive any goods or services in return for your IRA rollover gift.
- New legislation effective in 2023 makes it possible to use qualified charitable distributions to fund life-income gifts like charitable gift annuities and charitable remainder trusts.
Legal name: Soldier’s Best Friend
Tax ID number27-4665797
Address: 14505 N 75th Ave., Peoria, AZ 85381
Please notify us when you request an IRA charitable rollover gift so that your gift can be matched to you when it arrives. It is helpful to let us know the financial institution that will be issuing the check and a contribution amount. Many financial institutions do not include the donor name on the check.
Consult with your tax adviser or other financial professional to determine whether an IRA charitable rollover could benefit you
