Use Your IRA to Support PETA and Receive Tax Benefits

Learn more about how a Qualified Charitable Distribution (QCD) can benefit you.

If you are 70½ or older and have an IRA, you are already qualified!

How a Qualified Charitable Distribution (QCD) from your IRA Works

1

You are at least 70½ years old with IRA funds you no longer need

2

Make a qualified charitable distribution (QCD) from your IRA

*If you are 72 years old or older, your QCD can count towards your required minimum distribution (RMD)!

3

Your QCD goes directly to charity, supporting a cause you care about

Did you know?

You can also support our mission for years to come. Simply name PETA as a beneficiary of your IRA account, and the remaining assets (or a portion) of the account will be distributed to to stop cruelty to animals wherever it occurs for years to come.

View Sample Beneficiary Designation

To designate PETA as a beneficiary of a qualified retirement plan, please use the following information:

PETA’s full legal name: People for the Ethical Treatment of Animals, Inc.
PETA’s permanent mailing address: P.O. Box 42516, Washington, DC 20015
PETA’s federal tax identification number: #52-1218336

Discover the Benefits of a Qualified Charitable Distribution (QCD)

Reduce Your Taxable Income

When you take funds from your IRA, they count as taxable income. But if you transfer them directly to charity, you reduce your taxable income while satisfying your RMD.

Fulfill your Required Minimum Distribution (RMD)

After you turn 72, you must distribute funds from your IRA. If you do not distribute the required minimum, you may be penalized, but a QCD allows a transfer up to $100,000 per individual or $200,000 per couple to satisfy your RMD.

Help stop animal suffering

When you make a QCD to PETA, you will give animals the chance to experience life as it was intended: free from cruelty, exploitation, and neglect.

Tax Law Disclaimer

The SECURE Act (Setting Every Community Up For Retirement Enhancement), signed in December 2019, has tax, retirement, and estate planning implications for many people.
  • The SECURE Act raises the Required Minimum Distribution (RMD) age. If you turn 70 ½ on or after January 1, 2020, you can now wait until you are age 72 before you must take an RMD from your IRA.
  • You can still make a gift to PETA and other charities through a qualified charitable distribution starting at age 70 ½. However, if you make IRA contributions after age 70 ½, as allowed under the SECURE Act, the amount you have available for qualified charitable distributions is reduced. Please consult your tax or financial advisor to learn how this may impact you.
  • The SECURE Act repeals the maximum age for making IRA contributions. You can now contribute to your IRA even if you are over age 70 ½ (subject to annual limitations).
  • The SECURE Act decreases the time over which inherited IRAs may be distributed. Inherited IRAs must now be distributed completely within 10 years of the IRA owner's death, unless the IRA beneficiary is the surviving spouse; disabled or chronically ill; less than 10 years younger than the owner; or the owner's minor child. Under these rules, naming PETA as a beneficiary of your IRA while using other assets to benefit family members may be a tax-wise charitable planning decision.

"PETA is in the forefront of putting an end to cruelty to animals, which is why I chose to support PETA through a qualified charitable distribution (QCD) from my IRA. The process is easy, and donating helps me meet my minimum distribution requirements. I also appreciate the tax benefits. The fight to end animal cruelty is far from over and to make sure that I help in the continuation of this fight I have also stipulated that part of my estate be distributed to PETA after I am gone. I am truly dedicated to the elimination of animal cruelty in the present as well as the future.

Al Smith, PETA Augustus Club and Vanguard Society member

Find Out if a Qualified Charitable Distribution (QCD) is Right For You

I was born before . Yes No
I have a qualified IRA. Yes No
I want to give animals a future. Yes No

You’re qualified to make this type of gift!

Calculate your RMD

*If you are at least 72 years old, you can fulfill your RMD by making a Qualified Charitable Distribution.

It looks like there are still some requirements that need to be met!

Take Your Next Steps

1

Get started by selecting your IRA custodian and filling out your information below. This information will be used to pre-fill your distribution form.

2

Once you have downloaded and completed the rest of your form, please mail the form to your IRA custodian. We recommend mailing this by December 1 to ensure you receive your tax deduction for this year.

3

Please let us know about your generous gift! You can ensure that your wishes get carried out as you intend. Plus you can be recognized as you would like (or you can request to remain anonymous).

The content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor or other qualified professional.