WELS members Dan and Frieda Carow were moved by the love of Jesus to support gospel ministry. They decided to use their IRA because “there are tax advantages.”
When giving through an IRA, anyone 70.5 or older can make tax-free charitable distributions of up to $100,000 per year. The Carows have enjoyed making multiple gifts to churches, the synod, and other WELS organizations in this way.
If you want to take advantage of this unique way to support the Lord’s work, contact your local WELS Christian giving counselor. Dan and Frieda say, “We were very pleased with the assistance.”