Qualified Charitable Contribution

Make a Gift from Your IRA

If you are 70½ or older, you can give any amount up to $105,000 from your IRA directly to MMA. You will not pay income taxes on the transfer. If you are requireded to take minimum distributions, you can use your gift to satisfy all or part of your obligation.

Your Deadline

Your IRA administrator must remove the funds from your account by Dec 31 for your donation to qualify this year. If you have check-writing features on your IRA, your check must clear your account by Dec 31 to count toward your required minimum distribution for the calendar year. Please call Susan Jones at 207-326-2716 if you have any questions.