fbpx
+6186952489
camp@ondessonk.com

Make a Tax-Free Impact: Use Your RMD to Support Camp Ondessonk

Make a Tax-Free Impact: Use Your RMD to Support Camp Ondessonk

Make a Tax-Free Impact: Use Your RMD to Support Camp Ondessonk

For those aged 73 or older, a required minimum distribution (RMD) is a mandatory withdrawal from retirement accounts such as IRAs and 401(k)s. While these distributions are typically subject to income tax, you can choose to make a qualified charitable distribution (QCD) to Camp Ondessonk, allowing you to satisfy your RMD requirement while supporting a cause you love – tax-free!

A QCD is a direct transfer of funds from your IRA custodian to a qualified nonprofit like Camp Ondessonk. Not only does this provide immediate support for our mission, but it also helps reduce your taxable income, making it a smart and impactful way to give.

If you are looking for a tax-efficient way to give back, consider using your RMD to make a lasting difference. Contact your financial advisor to learn how you could benefit from this type of gift that will help ensure that Camp Ondessonk continues to provide life-changing experiences for future generations.

Click here to learn about more ways to support Camp Ondessonk.

 

Translate »