Gifts From Your Retirement Plan

How It Works – Outright Giving

• Sometimes called an “IRA Rollover” or a Qualified Charitable Distribution (QCD), a gift made directly from your qualified IRA can lower your taxable income.
• This gift may only be made by donors age 70½ and older, from qualified IRA accounts.
• Charitable giving (up to $100,000 per tax year) counts toward your Required Minimum Distribution (RMD).
• Click here for more details, and make sure to consult with your tax professional.

Benefits

• Meet your Required Minimum Distribution (RMD).
• Pay no income tax on the amount withdrawn for your gift.
• Give above your deductible charitable limit of 50% of adjusted gross income.

How It Works – Name Audubon as a Beneficiary

• Name the National Audubon Society, Inc. as a beneficiary of your IRA, 401(k) or other qualified plan.
• Designate Audubon to receive all or a portion of the balance of your plan through your plan administrator.
• The balance in your plan reverts to Audubon after your lifetime.
• Your gift to Audubon is not taxed for income nor for the estate because Audubon is a tax-exempt organization.
• Click here for printable instructions

Benefits

• Avoid the double taxation your retirement savings would incur if you designated your heir(s) as beneficiary(ies).
• Continue to take regular lifetime withdrawals.
• You can remove Audubon as a beneficiary if your family's needs change.