This is good news about your IRA!
You can make a difference in the lives of Seattle Prep students through a gift from your Individual Retirement Account (IRA) at any point during the year. A charitable gift from an IRA may be more tax effective than giving directly, and may count as part, or all, of your required minimum distribution.
- Donors must be 70 1/2 on the date of the gift
- Each IRA owner may contribute up to $100,000
- Funds must be transferred directly from the IRA to Seattle Prep
- This provision is now permanent, so you can make a gift at any time.
Everyone's financial situation is different. Call your IRA custodian or financial advisor for details about your situation today.
Click here for a sample letter you can send to your IRA custodian.
Questions? Contact Liz Brennan at (206) 577-2151 or Katrina Freeburg, CFRE at (206) 577-2237.
IRA Rollover not right for you?
Make a cash or stock gift, then visit our Prep for Tomorrow website to learn about other ways you can support Prep students.