IRA holders age 70.5 or older can gift up to $100,000 per year from their IRA to charity, tax-free. Even required minimum distributions (RMDs) can be gifted. If you don’t need your RMD, gifting it directly to United Way can offer you substantial tax savings and make a big impact on the community!
The legal name to use in gift-planning transactions is United Way of Greater St. Louis, Inc.
Our Federal Tax ID number is 43-0714167.