IRAs Demystified: Understanding Retirement Accounts and Charitable Giving Strategies

Join Candice Cole, Associate Director of the Office of Gift Planning at the University of Chicago, for a 57-minute webinar that demystifies Individual Retirement Accounts (IRAs) as both retirement savings vehicles and powerful charitable giving tools. Explore different IRA account types, requirements, and tax implications while gaining insights into the latest tax laws and regulations affecting charitable giving strategies. Learn about recent updates on required minimum distributions (RMDs) and qualified charitable distributions (QCDs), discover how to fund a charitable gift annuity using a QCD, and understand the advantages of designating the University of Chicago as a beneficiary of your IRA. This informative session provides valuable knowledge for those looking to optimize their retirement planning while supporting educational institutions.