IRA Rollover Gifts
Are you at least 70 1/2 and need to take a Required Minimum Distribution each year from your IRA account? Do you love and want to support Women Writing for (a) Change? You can make a gift to WWf(a)C and avoid increasing your taxable income with that distribution. Simply ask your IRA administrator to make a direct transfer to WWf(a)C. If the distribution is made directly to a nonprofit organization such as WWf(a)C, the withdrawal is excluded from your taxable income entirely.
Known as a Qualified Charitable Distribution, this transfer can be accomplished easily, and with great tax savings, by contacting your IRA account administrator for a direct transfer to WWf(a)C. As always, please consult your financial advisor regarding your individual situation. The funds must come directly from the IRA administrator to qualify.