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Here is a tax-smart way to make an impact to Fairfield University using your traditional or Roth IRA. The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Fairfield University and satisfy your Required Minimum Distribution (RMD). If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.
How Do I Qualify?
The IRA charitable rollover (QCD) offers multiple benefits for making gifts from your traditional or Roth IRA.
Benefits of an IRA Charitable Rollover Gift
How can I make an IRA Charitable Rollover?
Contact your IRA administrator for their QCD distribution form and information on the procedure to make such a gift.
Your gifts to Fairfield University help to develop the creative intellectual potential of our students and to foster in them ethical and religious values and a sense of social responsibility. It will provide Fairfield University with the resources to…