Skip to main content

Required Minimum Distribution

When you turn 70 1/2 , the Federal government requires you to take a Required Minimum Distribution (RMD) from your Individual Retirement Account (IRA).  By making a Qualified Charitable Distribution to Immaculate Conception High School from your IRA, you reduce your adjusted Gross Income, which could reduce the cost of Medicare and prescription drug coverage.
     
Consult your tax advisor or financial planner on how a Qualified Charitable Distribution can help YOU and IMMACULATE!