New Tax Laws Might provide you a different opportunity to support the ministry and Mission of New Cov:

Recent 2026 tax law updates have made Qualified Charitable Distributions (QCDs) one of the most effective ways for individuals to give to their church—especially for retirees who are required to take distributions from their retirement accounts.

A QCD allows eligible individuals to give directly from their IRA to a church or qualified charity, avoiding income tax on those funds.

What Is a Required Minimum Distribution (RMD)?

An RMD is the minimum amount individuals must withdraw annually from their retirement accounts (such as traditional IRAs) once they reach the required age (currently 73 for most individuals).

Normally, RMDs are fully taxable as ordinary income.

• This increases:

  • Adjusted Gross Income (AGI)

  • Potential tax bracket

  • Medicare premiums

  • Taxation of Social Security benefits

    What Is a Qualified Charitable Distribution (QCD)?

A QCD is a direct transfer of funds from an IRA to a qualified charity (such as a church).

Key Rules for 2026:

  • Must be age 70½ or older

  • Funds must go directly from IRA to the church

  • Maximum: $111,000 per person in 2026

  • Can satisfy part or all of your RMD

  • Not included in taxable income

Key Takeaway

A Qualified Charitable Distribution is now one of the most powerful ways to give to the church in 2026:

It allows donors to fulfill their Required Minimum Distribution while completely avoiding income tax on those gifts.

Questions?

Reach out to Kelley Austin, New Covenant Church’s Director of Finance by email at kaustin@newcov.tv or by calling her office number 405.562.3204.