If you are 72 or older, an IRA charitable rollover is a way you can help support our mission and benefit this year.
If you are considering a charitable contribution this year, it is in your best interest to seek out the most effective manner in which your money can work for you. Gifting your Required Minimum Distribution (RMD) is one of the most effective means of tax savings available.
What is a Qualified Charitable Distribution?
Individuals age 72 or older are mandated in taking a Required Minimum Distribution (RMDs) from their tax-deferred retirement accounts including Traditional Individual Retirement Accounts (IRAs) as well as other employer-sponsored retirement plans.
Phantom Regiment does not provide tax advice. All decisions regarding the tax implications of your investments should be made in connection with your tax and legal advisors. Phantom Regiment is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.