If you own a traditional individual retirement account (IRA) and are age 70-1/2 or older as of January 1, 2024, consider making an IRA charitable distribution (known as a Qualified Charitable Distribution, or QCD) gift to the church. In 2024, the maximum amount a donor may transfer to a qualified charity directly from an IRA is $105,000. If you are 73 years or older, the IRA charitable distribution can be used to satisfy your required minimum distribution (RMD), to certain limits. The distribution amount is not subject to income tax and your gift will not be subject to charitable gift limitations. See your IRA Trustee for details to do this, and consult your financial advisors.