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Contact Us
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Heidi Probascoheidipscdiocese.orgDirector of Stewardship and Development -
Lexa Hawkinslexahscdiocese.orgManager of Donor Relations
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NOTE: Through the CARES Act a Qualified Charitable Distribution (QCD) can be made after age 70 1/2 even if you're not yet subject to a Required Minimum Distribution (RMD).
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Make a tax-free gift from your ira
Did you know you can support the mission of the Diocese of Sioux City, your parish, a Catholic school or another qualified charity directly from your IRA without paying federal income tax on the distribution?
Congress has authorized a provision that allows individuals age 70 1/2 or older to make a Qualified Charitable Distribution (QCD) director from their IRA to a qualifying 501(c)(3) charitable organization. This type of gift can be a tax efficient way to make a lasting impact on the ministries that matter most to you.
What are the requirements:- You must be 70 1/2 years old or older at the time of the gift.
- You may transfer up to $111,000 per person in 2026 directly from your IRA to one or more qualified charities.
- If you are married filing jointly, each spouse can make a QCD up to $111,000 from their own IRA.
- The transfer is excluded from your taxable income and does not qualify as a charitable deduction, so you benefit even if you do not itemize your tax deductions.
- If you are 73 or older and required to take a Required Minimum Distribution (RMD), your QCD can satisfy all or part of the requirement provided it is completed before other withdrawals.
How to get started:- Contact your IRA custodian, financial advisor or tax preparer to:
- Begin the IRA charitable transfer process
- Ask how this type of gift can align with your overall charitable and tax planning
The information provided on this page should not be considered legal or financial advice. Please consult a tax advisor regarding your individual tax situation.