QCD Donation
Qualified Charitable Distribution (QCD)
If you are 70 ½ years of age or older and have an Individual Retirement Account (commonly called an IRA), the IRS requires that you take required minimum distribution (RMD), each year. However, you are also able to leverage that required distribution to benefit certain charities, such as NPSI. It’s called a Qualified Charitable Distribution (QCD)—and best of all, you can do so without increasing your taxable income and satisfying your RMD at the same time!
Contact NPSI's Administrative Manager if you have further questions admin@npsi.us.com