Lifetime Gift from a Retirement Account

How it works

New legislation gives donors aged 70½ and older an opportunity to direct lifetime distributions from their IRAs to Defenders of Wildlife without incurring income tax liability on the withdrawal. The provision will be in effect for just the 2006 and 2007 tax years. Distributions to Defenders of Wildlife plus other charitable beneficiaries can total $100,000 per year, and must be made outright — they cannot fund a life-income gift. Just e-mail us and we'll be happy to give you more information about this new charitable incentive.

Donors younger than 70½ can make a withdrawal from their IRA or other type of retirement plan, pay income tax on the withdrawal, and donate the proceeds to Defenders of Wildlife. These gifts can be made outright or can fund a life-income gift and will generate a charitable deduction for the donor.

Related Links

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Gift illustration

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Complete gift description

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Is this gift for you?

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Important reminders

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Gift example

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For more information

Email us, complete the personal illustration form, or call us at 1-800-915-6789 so that we can assist you through every step of the process.





The material presented on this web site is not offered as legal or tax advice. Please review calculations of tax benefits with planned giving staff to ensure that they reflect current interest rates and other assumptions. And, seek the counsel of your tax advisor, attorney and/or financial planner to review tax calculations and ensure that a contemplated gift is appropriate for your situation.