It’s possible to make a tax-wise gift and support the warrior community at the same time. You can give from your traditional IRA to Hope For The Warriors, meet your minimum required distribution, and lower your taxable annual income.
Things to consider:
Distributions must be made payable directly to Hope For The Warriors by the IRA plan administrator.
You can give up to $100,000 in a calendar year (for married couples, a total of $200,000) without having to count the amount as taxable income.
You must be at least age 70 ½.
There may be other important considerations that affect your taxes and IRA account. Please consult your professional advisor.
DEADLINE: DECEMBER 31
Legal Name: Hope For The Warriors
Federal ID#: 20-5182295
Mailing Address: 8003 Forbes Place, Suite 201, Springfield, Virginia 22151
For questions or other stock gifts please contact Ruth Jones at firstname.lastname@example.org.