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Blessing MNM Through Your IRA A Smart and Satisfying Solution for Seniors Many generous seniors bless the ministry of Multiplication Network Ministries (MNM) by giving directly from their individual retirement accounts. For those who qualify, IRA gifts offer a convenient, cost- effective and powerful way to provide church planter training for national leaders around the world. If you are at least 70 ½ years old, you can give up to $100,000 from your IRA (or $200,000 for couples) to MNM and receive significant tax benefits in return. Any gifts from your IRA… allow you to give in a substantial way without affecting your cash flow, reduce your taxable income (whether or not you itemize!), can be used to fulfill any charitable pledges you’ve made, AND will fulfill all or part of your required minimum distributions. Is giving from your IRA the right solution for you? To learn more about this and other smart and powerful giving options, email Multiplication Network Ministries at [email protected] or visit www.multiplicationnetwork.org/ministry-updates/planned-giving/
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Blessing MNM Through Your IRA - Article

Jan 06, 2022

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Page 1: Blessing MNM Through Your IRA - Article

Blessing MNM Through Your IRA A Smart and Satisfying Solution for Seniors Many generous seniors bless the ministry of Multiplication Network Ministries (MNM) by giving directly from their individual retirement accounts. For those who qualify, IRA gifts offer a convenient, cost-effective and powerful way to provide church planter training for national leaders around the world. If you are at least 70 ½ years old, you can give up to $100,000 from your IRA (or $200,000 for couples) to MNM and receive significant tax benefits in return. Any gifts from your IRA…

• allow you to give in a substantial way without affecting your cash flow, • reduce your taxable income (whether or not you itemize!), • can be used to fulfill any charitable pledges you’ve made, AND • will fulfill all or part of your required minimum distributions.

Is giving from your IRA the right solution for you? To learn more about this and other smart and powerful giving options, email Multiplication Network Ministries at [email protected] or visit www.multiplicationnetwork.org/ministry-updates/planned-giving/