“IRA Rollover” Gifts for Donors Aged 70½ or Older

Gifts from Retirement Plans During Life Age 70½+ Diagram

How It Works

  1. You are 70½ or older and instruct your plan administrator to make a direct transfer of up to $100,000 to the Catholic Community Fund
  2. Plan administrator makes transfer as directed to the Catholic Community Fund

Benefits

  • Your gift is transferred directly to the Catholic Community Fund; since you do not receive the funds, they are not included in your gross income*
  • Your gift will count towards your minimum distribution requirement
  • You support the programs that are important to you at the Catholic Community Fund

*No income-tax deduction is allowed for the transfer.

Next Steps

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