Looking for other ways to make a difference this End-of-Year?
A Qualified Charitable Distribution (QCD) is a great way to donate to GiGi’s Playhouse… and it’s tax-free!
WHAT IS A QCD?
A qualified charitable distribution (QCD) allows individuals who are 70½ or older to donate up to $105,000 to one or more charities directly from a taxable IRA instead of taking their required minimum required distributions. As a result, donors may avoid being pushed into higher income tax brackets,
OKAY…WHAT DOES THAT ACTUALLY MEAN?
While a QCD may sound confusing, they’re not! They’re tax-free funds that are a great way to contribute to GiGi’s Playhouse Little Rock!
If you’re interested in donating to GiGi’s Playhouse via a QCD reach out to your financial advisor! In addition, you can reach out directly to our Playhouse to receive all the necessary tax information!
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