Legacy Planning: Please Consider a QCD Gift for OLW
You can help to support our parish and cover our increased operating costs by making a qualified charitable distribution (“QCD”) gift from your individual retirement account.
A QCD gift (a.k.a. IRA charitable rollover) allows individuals age 70½ or older to authorize their IRA administrator to make a direct transfer of funds from their IRA to qualified charities, tax-free. This way of giving does not generate taxable income, which may lower your annual income level. If you are age 72 or older, the amount you transfer may count towards your required minimum distribution.
If you would like more information on how to make a QCD gift to Our Lady of the Wayside, please contact please contact Ewelina Sokolowski, Our Lady of the Wayside’s Operations Director, at 224.518.1774 or by email at firstname.lastname@example.org.Tags: #legacyplanning, #lifeinsurancebeneficiary, #olwparish