RMD & QCD
Make your Required Minimum Distribution (RMD) or Qualified Charitable Distribution (QCD) from your IRA retirement plan to Sunshine Foundation before the end of the year and make more Dreams Come True! Contact your retirement/financial plan advisor to make the distributions to Sunshine Foundation, Southampton, PA. EIN# 23-2044056.
If you’re over age 70½, you can give up to $100,000 (per taxpayer per year) directly to charity from your retirement account, referred to as a qualified charitable distribution (QCD). If you’re taking a required minimum deduction (RMD) from your retirement account, you can send that amount directly to a charity. This allows you to avoid paying taxes on the RMD as part of your income.