IRA Charitable Rollover

The IRA charitable rollover is now permanent and is a terrific way to make a tax-free gift to College of Saint Elizabeth using your qualified retirement plan. This gift may also satisfy your required minimum distribution (RMD).

How Do I Qualify?

  • You must be 70 ½ years old or older at the time of the gift
  • Gifts must go directly from your IRA to College of Saint Elizabeth
  • Gifts must come from a traditional IRA or Roth IRA account
  • Gifts cannot exceed $100,000 per donor

Benefits of an IRA Charitable Rollover:

  • Gifts can satisfy your RMD without increasing your income taxes
  • You will not pay taxes on your IRA withdrawal when gifted to College of Saint Elizabeth
  • You may direct your gift to a program of your choice
  • It is a wonderful way to create an immediate impact in the lives of students

College of Saint Elizabeth can provide you with a letter to send to your IRA administrator to make an IRA charitable rollover. If you are interested in making such a gift or would like more information, please call (973) 290-4455 or email scleary@cse.edu.