• SJTD Architectural Rendering

  • Remembering our Legacy while preparing for our New Church Home

  • Why should you donate to build God’s new home?

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End of Year Giving Opportunity…

Just a reminder about just one great opportunity to make a charitable gift to the Church before the end of the year. If you are 70½ or older, you may be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support the Church and benefit this year.

In the past, Congress used to wait until December to extend the law that allows those over the age 70½ to make a tax free donation of up to $100,000 from their IRA to a charity. Good news… a year ago Congress made this law permanent. The donation counts towards your required minimum distribution, but does not increase your income, which can be particularly helpful if you do not itemize deductions or if you’re trying to stay below the Medicare “High Income” surcharge, or even if you’re trying to make less of your social security benefit taxable.

The donation has to be made directly from your IRA to the charity and now that the law is permanent, most IRA administrators have simplified the process and can accommodate your request either by a standardized form or in some cases, may even give you check writing privileges.

We ask that you prayerfully consider how you would like to give to SJTD and as always, consult your financial advisor or tax planner. When you are ready to make the transfer, please contact George Stavros (Treasurer) at georgejstavros@gmail.com.