Tax-Saving Opportunities for Donors Over 70½ in 2025

AfS family, Donations

Attention AfS Supporters Age 70½ and Older
Make a Meaningful Impact in 2025 While Saving on Taxes

If you’re 70½ or older, the IRA Charitable Rollover—as well as updates from the SECURE Act 2.0—could offer you a tax-saving way to support Alliance for Smiles.

IRA Charitable Rollover / Required Minimum Distribution (RMD)

  • You can donate up to $100,000 tax-free directly from your Individual Retirement Account (IRA).
    • At age 70½, you can begin making Qualified Charitable Distributions (QCDs)—these are tax-free transfers from your IRA to a qualified nonprofit like Alliance for Smiles.
    • At age 73, Required Minimum Distributions (RMDs) are required—but donating through a QCD counts toward your RMD while reducing your taxable income.
    • Your gift must be transferred directly from your IRA to Alliance for Smiles to qualify as a tax-free distribution.
    • Because QCDs reduce your gross income, this benefit is available even if you don’t itemize deductions.

New in 2025: Charitable Gift Annuity (CGA) & Charitable Remainder Trust (CRT)

  • Because of SECURE Act 2.0, individuals can make a one-time transfer of up to $50,000 from an IRA into a CGA or CRT.
    • These split-interest gifts provide lifetime income to the donor and a substantial gift to the charity.
    • This contribution also counts toward your RMD.
    • Note: This opportunity is only available once during your lifetime.

 

Benefits to AfS

  • You may direct your IRA charitable rollover or CGA/CRT gift to one of the following:
    • Mission Fund: Support ongoing missions to improve the lives of children around the globe. Your donation will cover essential expenses such as travel, housing, medical supplies, and volunteer recruitment.
    • Legacy Fund: Be part of the long-term future of Alliance for Smiles. Your contribution to this endowment program will be invested, with income supporting future endeavors.

Benefits to You

  • ~ It’s a tax-free way to give
  • ~ It reduces your taxable income
  • ~ You will feel great about making the world a better place with Alliance for Smiles!

For more information please contact Frank R. Yoke, III at fyokeiii@gmail.com or 510-421-6233

*Alliance for Smiles does not provide tax advice; consult your tax advisor before finalizing gift arrangements