Blessing CMDA Through Your IRA: A Smart and Satisfying Solution for Seniors
September 24, 2021
Many generous seniors bless the ministry of CMDA by giving directly from their individual retirement accounts. For those who qualify, IRA gifts offer a convenient, cost-effective and powerful way to bring the hope and healing of Christ to the world through healthcare professionals.
If you are at least 70 ½ years old, you can give up to $100,000 from your IRA (or $200,000 for couples) to CMDA and receive significant tax benefits in return.
Any gifts from your IRA…
- Allow you to give in a substantial way without affecting your cash flow,
- Reduce your taxable income (whether or not you itemize!),
- Can be used to fulfill any charitable pledges you’ve made, AND
- Will fulfill all or part of your required minimum distributions.
Is giving from your IRA the right solution for you? To learn more about this and other smart and powerful giving options, call Paul Montgomery at 423-844-1000 or email firstname.lastname@example.org.