IRA Charitable Rollover

Forms & Information, Information

On December 18, 2015 President Obama signed the "Protecting Americans from Tax Hikes Act of 2015."  This law includes a permanent extension of the IRA Charitable Rollover and is retroactive to January 1, 2015. 


Legislation Provides Charitable Gifting Opportunities 

On December 18, 2015, President Obama signed the "Protecting Americans from Tax Hikes Act of 2015."  This law includes a permanent extension of the IRA Charitable Rollover and is retroactive to January 1, 2015.

What does this mean to you as a supporter of Christian ministries?

It allows you to make direct charitable gifts from your IRA. Individuals may make gifts to charity from traditional and Roth IRA accounts without any federal tax liability as long as the gifts are “qualified charitable distributions." No charitable deduction may be taken by the owner, but distributions will qualify for all or part of an IRA owner’s Required Minimum Distribution.

Requirements for IRA qualified charitable distributions:

  • Gifts are tax-free up to $100,000
  • Gifts will qualify for all or part of your Required Minimum Distribution
  • This provision is now permanent
  • IRA holder must be 70 ½ or older at the time of gift
  • Gifts must be outright gifts to a charitable organization
  • Gifts may only be made from traditional IRAs and Roth IRAs

IRA Charitable Rollover Fact Sheet

Special note:  A donor-advised fund (like our Stewards Fund) DOES NOT qualify for IRA Charitable Rollover distributions.