If you are 70 ½ years old or older, you can help low income children, youth and adults with mental illness and substance use disorders by making a tax-free gift directly from your traditional IRA.
With your gift, you can:
- Satisfy your IRA required minimum distribution.
- Make annual transfers of up to $100,000 each year.
- Pay no federal tax on the transfer and avoid additional taxable income.
- Make an immediate impact on Navos’ ability to provide quality care beyond what public funding makes possible.
To make your gift to a qualified public charity, like Navos, contact your IRA administrator and let them know that you want to make an IRA charitable qualified distribution. Contact Alice Braverman (206.933.7032) or Lisa Pacini (206.933.7248) to learn more about making a gift or to request sample instructions for your IRA administrator.
