The benefits of making an IRA charitable rollover gift: 

• The contribution will be excluded from your income for federal purposes and will not be taxed.

• The rollover counts toward your required minimum distribution (RMD). 

• Giving from your IRA is an easy and convenient way of making a meaningful gift. 

You may not make direct distributions to donor advised funds, supporting organizations, or split-interest trusts, or in exchange for gift annuities. 

Don't delay! Rollovers must be completed by December 31. If you are eligible, an IRA direct distribution is a wonderful opportunity for you to use your IRA to accomplish your philanthropic goals. 

As always, we encourage you to seek the advice of your professional advisor before you make a charitable IRA rollover gift. 

For more information, please contact Janet Smith, Chief Financial Officer, at 856.673.2522 or jsmith@jfedsnj.org.