If you are at least 70½ years old, you can receive tax benefits while benefiting CLAM. You can give any amount up to $100,000 per year from your IRA directly to a qualified charity such as CLAM without having to pay income taxes on the distribution from your IRA. This popular gift option is commonly called the IRA Charitable Rollover or qualified charitable distribution, or QCD for short. The financial institution where you have your IRA can help you make these gifts.

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