People who are 70 ½ years of age with Individual Retirement Accounts (IRAs) are able to make Qualified Charitable Distributions (QCD) from their accounts, providing an important opportunity to make a substantial gift with a significant impact. If you have sufficient funds to retire comfortably, consider donating your assets from your Individual Retirement Account by directing a QCD from your account to CREEC. If you are 70 ½ or older and had planned on directing a QCD, we recommend that you seek advice from your financial advisor before doing so.
Any giving or gift planning information provided on this site is of a general educational nature only and is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.