Resources for Processing IRA Charitable Distributions

WELS members looking to authorize a gift to the Lord’s work through their IRAs, and congregations needing a template to acknowledge an IRA qualified charitable distribution, can find these resources at wels.net/qcd. The page also shares articles for promoting this giving opportunity.

Anybody 70.5 years or older can transfer up to $100,000 per year to charity free from federal and potentially state income tax. Those who don’t need the required minimum distributions from their IRA might consider directing those to ministry to save on taxes, then using the cash that would have gone to charity for other needs.

Contact your local WELS Christian giving counselor for free assistance.