IRA Charitable Rollovers

As we approach the end of the calendar year, many people think about year-end giving options and how they can support their charitable and financial goals.


One option to consider may be an Individual Retirement Account (IRA) charitable rollover which has been permanently extended by Congress – eliminating uncertainty about whether lawmakers will renew the legislation each year. IRA Charitable Rollovers allow Americans 70 ½ years and older to donate up to $100,000 to a public charity such as United Way Suncoast and the IRA Rollover gift is tax free – not included in a donor’s Adjusted Gross Income (AGI).

Donors can reduce taxes by directing up to $100,000 per year from the IRA to United Way Suncoast and this type of contribution provides the same benefits for both itemizers and non-itemizers.

As a tax-free Qualified Charitable Distribution (QCD), IRA Charitable Rollovers are a great way to make an annual year-end gift to United Way Suncoast, support the work that we do in our communities and create positive impact in the lives of children and families in the Suncoast region.

As always, we suggest that you talk with your financial advisor to determine whether an IRA Charitable Rollover contribution, or other year-end gift, is right for you and to develop future legacy plans that will best meet your financial and philanthropic objectives.

We value your ongoing commitment to the work that we do in our communities and we are very grateful for your support.

For more information about making a year-end gift to United Way Suncoast or to learn about other giving options, please contact Linda Breen in our Office of Gift Planning at 813-274-0903.