If you are 70½ or older, you can make a tax-free gift to Friends-Boston directly from your individual retirement account (IRA). This is called a qualified charitable distribution (QCD).
The FAQs on the SECURE Act: The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted January 1, 2020. With it came many questions for those who are planning for retirement, retired or who are retiring in the near future.
Please note: Gifts from an IRA cannot be accepted when goods or services from the charity are provided.
Please call Friends-Boston's Development office at 617-983-3682, or email Stacy DellOrfano.
If your clients are looking to make a gift through their IRA, please note Friends-Boston's tax ID number is 20-1581289. Please see our Resources for Advisors for more information.