Make a Difference and Save on Taxes with a Gift from Your IRA

Are you nearing retirement and looking for a way to make a lasting impact on your community while minimizing your tax burden? An IRA charitable rollover to PCCF might be the perfect solution for you! This strategic giving option allows you to support the nonprofits you care about while enjoying significant tax benefits.

What is an IRA Charitable Rollover?

An IRA charitable rollover, also known as a qualified charitable distribution, enables those 70½ or older to transfer up to $105,000 a year from their IRA to charities like PCCF.

Benefits for You

The benefits for you with an IRA charitable roll over are numerous. By directing your IRA funds to PCCF, you can significantly lower your taxable income, potentially pushing you into a lower tax bracket and saving you thousands of dollars. Individuals over 73 must take required minimum distribution (RMD) from their IRAs each year, so an IRA charitable rollover allows you to fulfill your RMD obligation while supporting worthy causes. Your contribution goes directly to PCCF and allows you to give to your favorite charitable organizations through a designated fund, maximizing its impact on the local community without incurring administrative fees. Additionally, establishing a named fund with PCCF creates a lasting impact on the causes you care about.

Georgia Bricker started a scholarship fund with her IRA.

Emily Remster utilized IRA funds to create an endowment for the Morgan Township Volunteer Fire Department.

Community Benefits

Your contribution helps PCCF address critical community needs in areas like education, healthcare, arts and culture, animal welfare, human services, and environmental protection. Funds reach vital local nonprofit organizations working tirelessly to improve the lives of Porter County residents. Your generosity fuels innovative solutions and sustainable programs creating a brighter future for the county.

Ready to Take Action?

The PCCF team is available to answer your questions and help you explore the potential benefits of an IRA charitable rollover. They can guide you through the process and tailor a giving strategy aligning with your financial goals and philanthropic aspirations.

An IRA charitable rollover is a win-win proposition. You gain tax advantages while making a meaningful  contribution to the well-being of your community. Consider using this strategic giving tool to leave a lasting legacy and build a stronger Porter County for everyone. We look forward to partnering with you and your professional advisor.

Make a difference and save on taxes. Call PCCF today!

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