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    Make a Gift From My IRA

    Search IRA Custodians:

    Charitable IRA Distribution

    You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, you may be familiar with the tax benefits of IRA Distribution gifts.

    Also known as QCD gift or IRA rollover gift

    IRA Charitable Rollover
    IRA (Custodian)
    Salvation Army
    Charity image

    Generally, retirement plan owners over age 73 must take a required minimum distribution (RMD) each year from an IRA or other qualified retirement plan.

    Charitable distributions for donors over 70½ continue to be allowed and have the benefit of avoiding taxes on the charitable transfers as well as possibly lowering future year RMDs.

    The economic climate and related charitable tax laws are shifting quickly in response to the COVID-19 pandemic. For the latest information, please contact us.

    Benefits of an IRA charitable rollover

    • Avoid taxes on charitable transfers of up to $105,000 from your IRA
    • 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 further the work and mission of our organization

    How a charitable IRA distribution gift works

    1. Notify your IRA custodian to make a direct transfer of the distribution amount from the IRA to

      The Salvation Army Indiana
      Gift and Estate Planning Department
      6060 Castleway West Dr.
      Indianapolis, IN 46250

    2. Your IRA funds will be directly transferred to The Salvation Army to help continue our important work in your community.
    3. Please notify us directly of the expected gift at the above address. Note if your gift is to be used for a specific purpose.
    4. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.


    Have you heard about the new Secure Act 2.0? The bill allows IRA holders who are at least 70½ years old to transfer up to $53,000 tax-free to a charitable gift annuity (CGA). The annuity would provide you guaranteed fixed annual income of at least 5% for the remainder of your life. Depending on your age, your rate could be as high as 9.7%! Visit our new IRA to Gift Annuity Rollover page or contact us to learn more.

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