IRA Charitable Rollovers
If you are over age 70 ½, the Federal government allows individuals to transfer funds from their Individual Retirement Account (IRA) to a charitable organization, with the following benefits:
- Individuals and eligible spouses can make an IRA charitable rollover (up to $100,000) to a qualified charity and not have that transfer count toward their taxable income in the same year they made the charitable gift.
- Charitable rollover amounts could count toward the individual’s required minimum distribution.
Talk with your financial advisor today to find out more about how you can initiate an IRA Charitable Rollover to benefit the mission and ministry of Christian Record Services, Inc.
Address:
Christian Record Services, Inc
5900 S 58th. Suite M
P.O. Box 6097
Lincoln, NE 68506
Federal Identification Number: Please call the Mission Advancement team at 402-488-0981, option 4 to obtain the Federal Identification Number for Christian Record Services, Inc.
Questions? Please call the Mission Advancement team at 402-488-0981, option 4, or email donorcare@christianrecord.org.
In addition to a donor’s own legal and financial advisors, Christian Record Services, Inc. partners with Western Adventist Foundation to provide professional and confidential consulting and gift-planning solutions. For more information, call 866-356-5595, or visit www.wafsda.org.
