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RETIREMENT PLAN GIFTS
If you’re age 70½ or older, you can make a direct charitable gift from your IRA to Adoratio Foundation – up to $100,000 per year. This gift counts toward your required minimum distribution (RMD) but is not included in your taxable income, potentially saving you significant taxes.
This strategy is especially valuable if you don’t need the IRA income and want to help Adoratio foster a culture of Eucharistic Adoration nationwide while reducing your tax burden.
We strongly recommend consulting with your tax advisor to ensure your gift strategy aligns with your overall financial plan.
Questions? Contact Steve Phelan, Director of Mission Advancement
sphelan@adoratiofoundation.com or 785-534-0617
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