Federal law allows people age 73 or older to make direct transfers to charitable organizations from their Individual Retirement Account (IRA), without the withdrawal being treated as taxable income. The withdrawal can be counted toward your Required Minimum Distribution.
Your RMD is a great way to make your CPL commitment, and to donate to other ministries of the parish. Contact your financial advisor about this option. Our full legal name is The Church of St. Joseph the Worker, and our FEIN is 41-0713871.
Please contact Ann Bergmann in the parish office at ann@sjtw.net with any questions.