Many members of our community have expressed an interest in learning about impactful ways to foster the future through stewardship, investment, and scholarship alongside the North Alabama United Methodist Foundation. Because it’s tax season, and as we’re all thinking about our finances a little more this month, an IRA donation might be a tax-savvy option for you.
If you are 70.5 or older and have a traditional IRA, you’re eligible to donate to The Foundation directly from your IRA. In many cases, this kind of gift is 100% tax-free, and can potentially have a real impact on your 2022 taxes by allowing you to support United Methodist ministries without increasing your taxable income. Learn more about the benefits and make your gift with this easy-to-use donation tool.
Photo by Brooke Cagle on Unsplash