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For many people, retirement accounts such as IRAs and 401(k)s represent years of disciplined saving. Once you reach age 73 (previously 72), the IRS requires you to begin taking Required Minimum Distributions (RMDs) each year. These withdrawals are considered taxable income. But did you know there is a way to use those funds to both reduce your tax burden and support causes close to your heart?

It’s called a Qualified Charitable Distribution (QCD).

What is a QCD?
A QCD allows individuals age 70½ or older to donate up to $100,000 per year, per person directly from an IRA to a qualified charity. Instead of counting the withdrawal as taxable income, the amount is transferred straight to the charity.

Why consider a QCD?

• Reduces taxable income: Unlike regular charitable gifts that require itemizing deductions, a QCD directly lowers your adjusted gross income.
• Satisfies RMDs: Your donation counts toward your required withdrawal for the year.
• Supports causes you value: It’s a way to make a meaningful difference while being tax-wise.

Example:
If you are 75 and your RMD for the year is $15,000, you could transfer $10,000 directly to your Archange Michael or another qualified nonprofit. That $10,000 goes to ministry or charity work, and you only pay income tax on the remaining $5,000.

Things to Remember:

• The distribution must go directly from your IRA custodian to the Archangel Michael or other designated charity (not to you first).
• Always consult your tax advisor before making a QCD.

A Gift that Benefits Everyone
Using your RMD for charitable giving allows you to bless your church or favorite nonprofit while also lowering your tax liability. It’s a powerful way to leave a legacy of generosity and faithful stewardship in retirement.