CTSFW shallow

Bequest

A charitable bequest is one of the easiest ways you can leave a lasting impact on Concordia Theological Seminary.

Thank you for your support of Concordia Theological Seminary and our mission to form servants in Jesus Christ who teach the faithful, reach the lost, and care for all. Unless you indicate otherwise, your gift will automatically be used wherever it's most needed to help train pastors and deaconesses for service in Christ's Church. You may designate your gift to student financial aid or to a specific area of interest by selecting "Other Gift" and providing a description of the area to which you would like your gift directed.

Text Resize
Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video

IRA to Gift Annuity Rollover

You may be looking for a way to help further our mission and enhance your income. If you are 70½ or older, you can make a one-time IRA rollover to fund a charitable gift annuity and receive fixed payments for life.

Benefits of an IRA to gift annuity rollover

  • Reduce your taxes with a one-time transfer of up to $53,000 from your IRA to a Gift Annuity
  • Receive lifetime fixed payments for you and, if you choose, for your spouse
  • Potentially reduce your required minimum distribution (RMD) this year
  • Help further the work and mission of Concordia Theological Seminary

How an IRA rollover to gift annuity works

  1. Contact us about creating an IRA rollover to gift annuity with Concordia Theological Seminary.
  2. Contact your IRA plan administrator to make a one-time qualified charitable distribution (QCD) of up to $53,000 from your IRA to Concordia Theological Seminary.
  3. We will use your IRA gift to fund your gift annuity payments.
  4. Please note that IRA gifts do not qualify for a charitable deduction.
  5. After you receive payments for life, there will be a future gift to us.
  6. Please contact us if you wish your future gift to be used for a specific purpose.

Contact us

If you have any questions about an IRA rollover to a gift annuity, please contact us. We would be happy to assist you and answer any questions you might have.

scriptsknown