A QCD is a direct transfer of funds from your IRA to a qualified charity. QCDs can count toward satisfying your required minimum distribution (RMD) for the year, help avoid taxes, and greatly advance our life-saving mission.

To qualify for a QCD:

• You must be age 70½ or older at the time of the gift
• The total amount can be up to $100,000 each year. (If you file taxes jointly, your spouse can also make a QCD from their own IRA within the same tax year for up to $100,000.)
• For a QCD to count towards your RMD, the funds must be distributed by your RMD deadline, generally December 31

How to make a QCD:

• Let your plan administrator know you would like to make a QCD to The ALS Association, Tax ID #13-3271855. Have the check mailed to: The ALS Association, Donation Processing Center, PO Box 37022, Boone, IA 50037. Request that your plan administrator include your first and last name and address in the documentation sent along with the check. Do so prior to December 31 to qualify as a QCD for the tax year.
• Please contact us by phone at (888) 226-5185 or giftplanning@als.org when you direct the distribution, so we know to look for the check from your IRA administrator.

Advantages to QCDs instead of donations of cash or securities:

• For tax-purposes, QCDs are not treated as income
• Using the standard deduction, QCDs can be removed from the Adjusted Gross Income
• QCDs are not subject to the charitable deduction income limits