Can I do IRA Charitable Rollover?
Rolling over part of your Required Minimum Distribution (RMD) to Bridge of the Valley Church can help reduce your tax bill while supporting your church. If you’re 70½ or older, you can use up to $108,000 of your IRA (including your RMD) this year to make a tax-free gift directly to Bridge of the Valley Church via a Qualified Charitable Distribution. It helps further Bridge of the Valley Church's mission.