Benefits of an IRA Charitable Rollover:
- Can reduce taxable income
- Counts towards required minimum distribution (for those 72+)
- A simple way to support your community and causes that are important to you
By directing funds from your IRA to the United Way Forever Fund, you can make a meaningful difference in supporting our community programs. IRA rollover donations can offer tax benefits and provide vital resources to drive positive change in our communities for generations to come.
If you are 70 ½ years old or older, you can roll over up to $100,000 from your IRA to United Way without paying federal income tax. With this gift, you will create a legacy of community improvement, address today’s challenges, and create a vibrant future for our area.
Contact your IRA administrator today to make a distribution directly to United Way.
Questions?
Forever Fund Contact:
David Balmer
Financial Planner
First National Bank Bemidji
218-333-9633 DBalmer@FNBBemidji.com