If you have an individual retirement account and you are age 73 or older, you probably know that you must take your required minimum distribution (RMD) before the year ends.

However, did you know that you can fulfill all or part of your RMD and reduce your taxable income by transferring funds directly from your IRA to your parish or the Archdiocese of Chicago?

Be sure to request the transfer before December 1st to give your IRA custodian enough time to complete your charitable distribution before the year ends.

The timing is important. Don’t wait until it’s too late to benefit from reduced taxes.

Learn more at archchicago.org/qcd.

If you would like more information on how to make a QCD gift,  please contact Deacon Greg Vogt, Philanthropy Officer, Archdiocese of Chicago at 312-995-0686 or gvogt@archchicago.org.