5 Benefits to Donate through Your IRA to United States Veterans

There are many reasons you should consider making a donation to a charity that helps United States veterans. If you're older than 70.5 years old and have a traditional IRA, you can benefit in many ways from making a donation from your account.

5 Ways IRA Donations to United States Veterans are Beneficial 

• Donations from your IRA to a qualified charitable organization aren't included in calculating your adjusted gross income (AGI). This means you can potentially avoid some of the unfavorable AGI-based rules.  
• Your QCD counts as a distribution that meets the required annual minimum distribution rules. You can donate part or your entire yearly required amount up to $100,000 and avoid paying taxes on it! 
• Your QCD will come from the taxable layer in your IRA, meaning the non-taxable amount is saved for withdrawal later by you or your heirs. 
• QCDs reduce your total taxable estate. If the money is going to generate additional taxes on your yearly filing, why not donate it to a good cause instead? 
• Your donations are made to a cause that really makes a difference in our disabled veterans' lives.  

If you're thinking about donating from your IRA, there are a few more things to know about this process. Make sure you understand the requirements this type of donation entails, and if it doesn't work for you, then know that there are other options to help support and care for our United Stated veterans.

You Have the Power to Help a Disabled American Veteran!

Our veterans deserve the utmost care and respect in exchange for their sacrifice and service to our country, yet many suffer with disabling medical conditions and illness and struggle to make ends meet after life in the service. At Care for Disabled Veterans our goal is to assist qualified veterans in obtaining the medical evidence they need to seek their rightful benefits for combat-related disabilities. Request our free guide for veterans and caregivers or contact us today to learn more - 1-877-617-2170.