Time is running out to make your tax-smart 2019 gift!
Are you aware of the tax-smart ways to make your year-end charitable gift to Cooley Dickinson Health Care? Act soon to receive tax benefits for 2019, while making a gift that has a deep and lasting impact on healthcare for the Pioneer Valley community.
Appreciated Securities
Gifts of securities such as stocks and mutual funds that you have owned for at least one year entitle you to an income tax charitable deduction equal to their full market value. You also avoid capital gains tax on the securities that you contribute.
Charitable IRA Charitable Rollover
The rollover, also known as the qualified charitable distribution or QCD, allows those who are 70 ½ or older to make a tax-free gift of up to $100,000 directly from their traditional IRA account to Cooley Dickinson. This gift is not included in taxable income from your IRA, but it does count towards your required minimum distribution.
Gift Annuity
Make a gift and receive fixed payments for life. You will receive an income tax charitable deduction, and payments will likely be partially tax-free for a number of years.
Thank you for considering these gifts and fostering a healthy and vibrant community.
