IRA Charitable Rollovers

Bennett the dog IRA rollover illustration

Take it from our spokesdog, Ira: IRA charitable rollovers are a great tool for helping your community and possibly reducing your income tax burden.

If you are 70½ or older, you can make a Qualified Charitable Distribution from your IRA directly to United Way of Greater Topeka. Your gift will help local families immediately, and a rollover can help you:

Avoid taxes on transfers up to the annual maximum of $100,000 ($200,000 for couples) from your IRA to United Way of Greater Topeka.
Satisfy your required minimum distribution for the year.
Reduce your taxable income, even if you do not itemize deductions.

Talk to your IRA plan administrator today about donating to United Way by making a Qualified Charitable Rollover. When your rollover is in place, please notify United Way of Greater Topeka of your gift by calling Wendy at 785.228.5123 or email wcoonrod@unitedwaytopeka.org. An IRA charitable rollover gift is one of the most effective and sustainable ways you can support measureable and collaborative change for everyone in the greater Topeka community.