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WP_Post Object ( [ID] => 39212 [post_author] => 9192204 [post_date] => 2024-10-16 16:58:07 [post_date_gmt] => 2024-10-16 20:58:07 [post_content] => [post_title] => Maximize Your Impact: Support Local Healthcare with an IRA RMD Contribution [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => charitable-contribution-with-ira-rmd [to_ping] => [pinged] => [post_modified] => 2024-10-28 12:30:15 [post_modified_gmt] => 2024-10-28 16:30:15 [post_content_filtered] => [post_parent] => 0 [guid] => https://monadnockcommunityhospital.com/end-of-year-giving-2023-copy/ [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )

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If you are age 70-1/2 or older and required to take a distribution from your IRA, consider making a charitable contribution to Monadnock Community Hospital through a Qualified Charitable Distribution (QCD). A QCD allows you to donate part or all of your Required Minimum Distribution (RMD) directly to MCH, offering a simple and tax-effective way to support the health and well-being of our community.

How Does a QCD Benefit You and Your Community?

By making a QCD, you can reduce your taxable income, as these donations count toward your RMD but are not taxed as income. This makes it easier to meet your financial obligations while also giving back. Your gift helps fund vital healthcare services, allowing Monadnock Community Hospital to continue providing accessible, high-quality care to those who need it most.

Make an Impact in Your Community

Every contribution makes a difference. When you choose to donate through your IRA RMD, you’re not just saving on taxes—you’re ensuring that essential services remain available for your neighbors, friends, and family. From supporting emergency care to enabling preventative health programs and innovative treatments, your donation directly impacts the well-being of those we serve.

The Process Is Easy