QUALIFIED CHARITABLE DISTRIBUTION

There are many ways to help Sunshine Service make life easier for the residents of Sun City for generations to come.

When you’re age 70½ or older, the best way to make charitable contributions usually is through qualified charitable distributions (QCD) from a traditional IRA. A QCD can satisfy your required minimum distribution (RMD) for the year and reduce your income taxes.

Suppose your RMD for the year is $17,000. Make at least $17,000 of QCDs and you’ve satisfied both your RMD and $17,000 of your charitable giving for the year. The money is out of your traditional IRA, but there’s no gross income on your tax return.

Check with your financial advisor for additional details.

Estate planning is another way to donate. Once you have provided for loved ones in your will, you may want to include a gift of money, stock or property to Sunshine Service. Your gift will be a lasting tribute to our mission serving Sun City residents, while guaranteeing the organization’s long-term future. For further information on how to include Sunshine Service in your charitable giving plans, please contact your family accountant or

Brad Jenner, CPA, PC.

13211 N 103rd Ave Ste#1   Sun City, AZ   85351

info@jenneraccounting.com

Phone 623-933-7372