Are you 73 years old and not using your Required Minimum Distribution (RMD) for your living expenses? You can reduce your taxable income by using your RMD to make an IRA Qualified Charitable Distribution (QCD) to an eligible charity like Love INC of Lancaster County!

How an IRA Qualified Charitable Distribution Works

• Direct a transfer from your IRA account to Love INC of Lancaster County (or other eligible charity).
• Exclude the QCD amount from your income for federal tax purposes.
• Count the gift toward your required minimum distribution for the year.
• Make an immediate impact in your community!

Did you know?

Retirement plan participants who have attained age 70 1/2 or older may make tax-free distributions from a Traditional IRA and donate the amount distributed to an eligible tax-exempt charitable organization.