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Qualified Charitable Donations and the IBMA Foundation

by bluegrassfound | Mar 4, 2024 | Bluegrass at California's Avenal State Prison

Are you thinking about taxes this time of year? If you are 70 ½ years of age or older, we thank you for considering a qualified charitable distribution (QCD) donation to the IBMA Foundation. The SECURE 2.0 Act of 2022 includes some good news for individuals over age...

A special giving opportunity if you are 70 1/2 or older

by C-Nancy | Oct 31, 2023 | Bluegrass at California's Avenal State Prison

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 IBMA Foundation without having to pay income taxes on the money. Gifts of any value ($100,000 or less) are eligible for this benefit, and you can...
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