Qualified Charitable Distribution from your IRA
Starting at age 70-1/2, you can
You must be 70½ or older at the time of gift.
Distributions must be made directly from a traditional IRA account by your IRA administrator to Metro Blooms. Please contact your plan administrator to initiate the transfer.
No charitable deduction may be taken, but distributions may qualify for all or part of the IRA owner’s required minimum distributions.
Gifts from donor advised funds, 401(k), 403(b), and other retirement plans do not qualify.
There are several ways to send a gift from a qualified retirement account depending on the practice of your financial institution. No matter how your distribution is sent to Metro Blooms, we need your name and address to properly thank you.
If you are requesting that your IRA administrator send a check directly to Metro Blooms: Notify your plan administrator, preferably in writing, that the documentation accompanying the check needs to include your name and address.
If you have check-writing capability on your IRA account: Include your name and address in the note, so we can properly thank you.
If your IRA administrator is sending the check directly to you, the check must be payable to Metro Blooms. Make a copy of the check for yourself. Send the original check directly to Metro Blooms and include your name and address in a note.
Important for end-of-year giving
Questions? We are here to help.