IRA Charitable Rollover

You may be looking for a way to make a big difference to support the mission of Cedar Community. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is an easy way you can help support our ongoing work and realize tax benefit this year.

IRA Charitable Rollover

IRA (Custodian)

CEDAR
COMMUNITY

Benefits of an IRA charitable rollover

• Avoid taxes on transfers of up to $100,000 directly from your IRA to Cedar Community
• May satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• Make a gift that is not subject to the deduction limits on charitable gifts
• Help realize our vision of being a community where individuals live with purpose and dignity

How an IRA charitable rollover gift works

1. Contact your IRA plan administrator to make a gift directly from your IRA to Cedar Community.
2. Your IRA funds will be directly transferred to Cedar Community to help continue our important work.
3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
4. Please contact us if you wish for your gift to be used for a specific purpose.

Contact us

If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.