IRA Charitable Gift

The IRA Charitable Rollover provision, established under the Pension Protection Act, allows individuals who have reached age 70 1/2 to donate up to $100,000 to charitable organizations directly from their traditional IRA or Roth IRA, without treating the distribution as a taxable income.  

The donor’s plan administrator must issue the check directly to the charity.  To make a gift, contact your IRA administrator and request a direct distribution to:

Peconic Land Trust
Attn: Amanda Abraham
PO Box 1776
Southampton, NY 11969

Prior to transferring shares, or if you have any questions, please notify Amanda Abraham by email or by calling 631-283-3195.  This is necessary since these gifts often arrive without identification.