Save on Taxes & Make a Greater Impact You can...

Jane Kolson, Senior Planned Giving Advisor for George Washington University will be presenting information to the congregation regarding using Required Minimum Distribution (RMD) to benefit both your taxes and Emmanuel.

Key benefits • Distribute up to $100,000 in a calendar year from your IRA (regardless of the size of your RMD) directly to the Emmanuel, tax free • Transfer your full RMD or only a portion of it • Decide each year if and/or how much of your RMD to use • Entitles you to tax benefits without requiring you to itemize your deductions • The distribution counts towards your required minimum distribution • The distribution is not included in the income on which your federal income taxes will be based (thus reducing your taxable income) Beginning in 2023, the age at which RMDs must start is 73, however, individuals can begin making Qualified Charitable Distributions (QCDs) from their IRAs as early as age 70½