Qualified Charitable Distribution


What is an Qualified Charitable Distribution?

A Qualified Charitable Distribution is sometimes called an IRA charitable rollover, and allows those over 70.5 years of age to make a tax-free deduction directly from the individual requirement accounts to eligible charities.

How does a qualified charitable distribution work?

  • You will request for an IRA plan administrate to transfer funds over to SWO 
  • Administer funds directly to SWO

Benefits of a qualified charitable distribution.

Thrivent Financial

As you explore your planned giving options, you should meet with a financial advisor who can help you weigh the pros and cons of different approaches. If you don’t already have an advisor, we often connect legacy donors with the team at Thrivent to discuss their wisest options. With a clear picture of your finances (and the broad range of solutions available), you’ll be well-positioned to make an informed decision.

Thrivent is a holistic financial service organization that provides financial advice, investments, insurance, banking and generosity programs to help clients make the most of resources they’ve been given.