Qualified Charitable Distributions from Your IRA

Qualified Charitable Distributions

Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, is a tax-efficient way for those 70 ½ or older to use their IRAs to maximize their impact at Nepal Youth Foundation. For those older than 73, they also count towards your annual Required Minimum Distribution (RMD).

The IRS allows up to $111,000 in QCD donations from an IRA. Any amount above this limit will not qualify as a tax-free QCD. Learn more about QCDs on the IRS.gov website.