As you consider your 2024 year-end charitable giving, a great way for some people to give is through a “Qualified Charitable Distribution” or “QCD”.”  If You are eligible to do a QCD if you own an Individual Retirement Account (IRA) and are at least 70 and one-half  years old.  Instead of withdrawing funds from your IRA and Paying income taxes on the withdrawal, you donate directly to RLPOA through a QCD and you and RLPOA pay no income taxes on the donation.  That’s a “win” for you and a “win” for RLPOA!  A QCD is particularly helpful is you’re taking Required Minimum Distributions (RMDs) from your IRA.  Your donation to RLPOA could satisfy some or all your annual RMD withdrawal requirements.  Talk with your IRA trustee, financial advisor, or tax prepare to see how a QCD could benefit you and RLPOA.  Thank you for your consideration and continued support of RLPOA.

Donate (AIS)