FAQs

Got questions? We have answers!

If you are a donor with questions about donating through a Legacy IRA®, visit our Donor FAQs page.

If you are a nonprofit organization with questions about signing on with Gifting Insider, visit our Nonprofit FAQs page.

You can also contact us for more information. Our team is happy to assist you!

TERMS TO KNOW

Required Minimum Distribution (RMD):

The amount of money an individual must withdrawal from their IRA once they turn 72.
Watch video to learn more.

Standard Deduction:

A flat amount the IRS allows an individual to reduce taxable income if they do not itemize their deductions. It is based on your filing status, age and if you claim any dependents. Watch video to learn more.

Qualified Charitable Distribution (QCD):

The withdrawal of funds from a qualified IRA for an individual over the age of 70 1/2 that donates directly to a qualified charity. This will eliminate the tax owed on the withdrawal. You can give up to $100,000! Watch video to learn more.