Impact Your YMCA

Help Your Community

With an IRA charitable rollover gift, you can support the work of the YMCA of Greater Dayton this year and enjoy valuable tax and income benefits. If you are 70 1/2 or older, you can roll over up to $100,000 from your IRA to the YMCA of Greater Dayton without paying federal income tax. Even better, your gift qualifies for your required minimum distribution (RMD). 

Here are some of the ways you can benefit from an IRA Rollover gift this year:

  • Reduce Your Taxable Income
    • By rolling over some or all of your RMD from your IRA to the YMCA of Greater Dayton, you can reduce your taxable income this year.
  • Lower Your Social Security Tax
    • Reducing your taxable income with an IRA rollover gift may also reduce the tax due on your social security payments.
  • Avoid IRS Tax Limits
    • IRA rollover gifts may be made over and above the normal cash gift limit (60% of your adjusted gross income).
  • Non-Itemizers: Enjoy Charitable Gift Benefits
    • If you do not itemize your deductions, you can still benefit from the reduction in the income and tax resulting from an IRA rollover gift. 
  • A New Source for Major Gifts!
    • If you wish to make a larger gift to the YMCA of Greater Dayton, you can make that gift from your IRA rather than tapping into your bank account this year.

For more information or to set up your IRA Rollover Gift Today - Contact Larry Dryden at 937.228.9622 or email him at ldryden@daytonymca.org.

This information is not intended as tax, legal or financial advice. Gift results may vary. Consult your personal financial advisor for information specific to your situation.