Reduce your taxes with a gift from your IRA.
If you are 72 years or older, give a gift DIRECTLY from your IRA to support the Dominican Province of St. Albert the Great. Though you will not receive an income tax deduction, you will not pay taxes on distributions given directly to the Dominicans (subject to limits, of course). A gift from your IRA reduces your taxable income, which may also help reduce your Medicare premiums and the amount of Social Security subject to taxes. That’s a win—win—win!
Again, if you are 72 years or older, contact your plan administrator to make a qualified distribution directly to the Dominican Province of St. Albert the Great.