A tax-saving way to help the Y! FOR THOSE 70½ YEARS OLD AND OLDER

You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity, such as the YMCA of South Hampton Roads, without having to pay income taxes on the money. Gifts of any value up to  $100,000 are eligible for this benefit. You can feel good knowing that you are making a difference at the Y. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.

The information provided is not intended as legal or tax advice. For such advice about your particular situation, please consult an attorney or tax advisor.