IRA Charitable Rollover

Build your legacy of community support

A charitable IRA rollover allows individuals ages 70 1/2 years or older to make gifts to charities, including Trident United Way, directly from an Individual Retirement Account (IRA). With this gift, you will help to create a legacy of community improvement and support the mission of Trident United Way.

 

 

Donor benefits

  • IRA Charitable Rollovers provide a simple way to support our community by making a gift from a major asset.

  • When you transfer funds directly to Trident United Way from an IRA, the funds can potentially reduce your taxable income.

  • The charitable contribution counts towards minimum distribution requirements from IRAs.

Conditions

A distribution from your IRA is typically taxed as ordinary income. If you meet the conditions below, you are eligible to make a gift directly to Trident United Way that is tax-free.

  • Must be ages 70 1/2 or older (note that required minimum distributions begin at 72 years of age)

  • Annual IRA gift cannot exceed $100,000

How to make a distribution

Here is how you transfer funds from your IRA to Trident United Way:

  • Contact your IRA administrator

  • Tell your IRA administrator you wish to make a direct distribution from your IRA to Trident United Way

  • Request a check made payable to Trident United Way and indicate it is a distribution from the account of (your name)

  • Provide Trident United Way's Federal Tax ID #: 57-0314378