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Legacy Planning

Make a Gift Tax-Free With An IRA

Make sure to include your chapter name in the url.

Make a difference today and save on taxes. It’s possible when you support {{ChapterLong}} through your IRA.

A Special Opportunity for Those 70½ Years Old and Older

You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as {{ChapterLong}} without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference at {{ChapterShort}}. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.

Why Consider This Gift?

  • Your gift will be put to work today, allowing you to see the difference your gift is making.
  • You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
  • Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
  • If you are 73 or older, you can use your gift to satisfy all or part of your required minimum distribution (RMD).

At Any Age

No matter your age, you can designate {{ChapterLong}} as the beneficiary of all or a percentage of your IRA and it will pass to us tax-free after your lifetime.

Next Steps

  1. Contact {{Contact}} at {{Phone}} or {{Email}} for additional information on giving an IRA gift.
  2. Seek the advice of your financial or legal advisor.
  3. Ask your IRA administrator about making a direct transfer to {{ChapterLong}} or have the administrator send a check from your account to us. (To be tax free, the donation must go directly from your account to {{ChapterShort}} without passing through your hands.)

©Ronald McDonald House Charities
The following trademarks used herein are owned by McDonald’s Corporation and its affiliates; McDonald’s, Ronald McDonald House Charities, Ronald McDonald House Charities Logo, RMHC, Ronald McDonald House, Ronald McDonald Family Room, and Ronald McDonald Care Mobile.

The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult with an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.