Give from your IRA
Give from your Individual Retirement Account (IRA)
Did you know you can make a gift to Wish of a Lifetime directly from your IRA without having to pay income taxes on the amount?
This popular gift option is also called an IRA Charitable Rollover or a Qualified Charitable Distribution (QCD).
You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. This may help lower your Medicare premiums and decrease the amount of Social Security subject to tax.
Who is eligible?
Individual donors with an IRA Charitable Rollover or a Qualified Charitable Distribution (QCD) are eligible to give.
You must be age 70½ or older.
Please ask your administrator to include your contact information with the payment so we can recognize and acknowledge your generous gift properly.
How to give
To name Wish of a Lifetime from AARP as a beneficiary of an account, follow these simple steps:
- Request a beneficiary form from your bank or plan administrator. This form—not your will—determines how these assets are distributed after your lifetime.
- Write in “Wish of a Lifetime from AARP” as a beneficiary (or partial or contingent beneficiary) using our current business address: 303 E 17th Avenue, Suite 850, Denver, CO 80203.
- If the form requests a Social Security number, use our tax identification number: 26-2123649.
Have questions?
We’re here to answer any questions you have about donating and supporting Wish of a Lifetime from AARP. Please reach out to donate@wishofalifetime.org to speak to our team directly.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.
