Give from an IRA
If you are 70.5 or older and have a traditional IRA, there are likely significant benefits to making a donation from your IRA account.
IRA gifts are generally not recognized as taxable income and if you must take a Required Minimum Distribution (RMD) this year, giving from your IRA is a compassionate way to fulfill it.
Many supporters of HabiJax give smartly through a distribution from their IRA. Nearly all IRA custodians make this process simple and smooth for their clients, though their forms and processes will differ.
Some essential information you may need:
Legal Name: Habitat for Humanity of Jacksonville, Inc.
Tax ID / EIN: 59-2880071
Address: 40 E Adams St, Ste 200, Jacksonville, FL 32202
IRA GIVING AND SECURE 2.0
What is a Qualified Charitable Distribution? What are the benefits? Who qualifies? You can read recent articles from Forbes and Schwab Charitable for some basics.