Qualified Charitable Distributions
A tax-efficient way to support Costa Maya Ministries
Did you know that if you are age 70.5 and older, you can support Costa Maya Ministries by requesting a qualified charitable distribution (QCD) from your individual retirement account (IRA) directly to Costa Maya Ministries? Even better: If you are age 72 and older, the QCD will count toward your required minimum distribution!
Please contact your IRA custodian well before the end of December to ensure time to process your request.
What’s the tax benefit? Qualified charitable distributions of up to $100,000 per person per year are excluded from your taxable income! What’s the most important benefit? Sharing the precious Gospel of our Savior in an area where it is seldom heard!
Would you like to learn more? Click the button below to learn how you can make a tax-wise gift to Costa Maya Ministries.
