Here's a way to make a difference and save money on your taxes.
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Dear John,
We hope this finds you safe and well during these unprecedented
times.
As we all grapple with many new challenges brought upon by COVID-19,
The Actors Fund is proud to continue our commitment to the performing
arts and entertainment community. As a valued supporter of The
Actors Fund, there are many ways you can help as
well-especially when our assistance is, and will
continue to be, needed more than ever before.
One great way is to make a Qualified Charitable Distribution
(QCD), which will also help you save money on your taxes in
upcoming years.
If you are 70 ? years old or older, you are eligible to
make a QCD directly from your IRA. QCDs are
tax-free gifts, regardless of whether or not you itemize deductions on
your return.
This simple tool from our partners at FreeWill
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will inform you if you're eligible to
make a QCD and will help you get started with
making a gift today.
Learn about QCD
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A gift from your IRA today can make a
difference for the performing arts and entertainment
community and make a difference on your tax return. The
recently passed CARES Act has made some temporary changes to IRA law,
but does not affect your ability to take advantage of this
type of giving.
If you have any questions about these changes, QCDs in
general or other ways of giving,
I am always available to talk. Please feel
free to reach out to me directly at 917.281.5928 or at
[email protected].
Warm regards,
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Jay Haddad
Manager of Individual Giving
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