Congress has made the IRA QCD permanent and you can make a thoughtful contribution to Mass Hort, satisfy your required minimum distribution (RMD), and avoid income tax you would otherwise have to pay on mandatory withdrawals.
The IRA QCD provides you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate.
What you need to know:
Please consult your professional advisor or IRA administrator; or contact Elaine Lawrence, Director of Development, at 617-933-4945 or email@example.com.
Massachusetts Horticultural Society is dedicated to encouraging the science and practice of horticulture and to developing the public’s enjoyment, appreciation, and understanding of plants and the environment.