Retirement Plans: QCDs & Assets
Qualified Charitable Distributions (QCDs)
If you are 70 ½ or older and have an Individual Retirement Account (IRA), you can make a gift directly to Brunswick-Topsham Land Trust through a Qualified Charitable Distribution (QCD).
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- If you are 73 or older: Your QCD can count toward your Required Minimum Distribution (RMD), reducing your federal taxable income.
Ask your financial advisor about making a QCD from your IRA to BTLT today.
Retirement Plan Assets
You can also make a lasting difference by naming BTLT as the primary or contingent beneficiary of your IRA, 401(k) or 403(b) retirement account. Contact your plan's administrator or log into your retirement account for more information.
Designating BTLT as a beneficiary is one of the easiest ways to leave a legacy. It usually takes just a few minutes to complete the paperwork, often directly on your retirement plan provider’s website.
Why Give This Way?
May lower your taxable income
Simple to set up, with little or no cost
Provides lasting support for the land, waters, and community you love
*Please note that we are prohibited from giving legal or financial advice and none of the information above should be interpreted as such. We encourage you to consult with your own legal counsel or financial advisor before deciding whether or not to proceed with a gift.
Questions? We’d love to talk with you about how your gift can make a difference. Email Kristi or call (207) 729-7694.