Need to satisfy your Required Minimum Distribution*? Here’s the smart solution.

– Connor Sutton, ’61 and Ria Sutton, ‘64
Photo: Connor & Ria Sutton with son Matt and daughter-in-law Jeni Sutton
IRA Charitable Rollover
If you are 70 ½ or older and don’t need your IRA funds to support yourself, you might want to consider transferring your required minimum distribution* (the minimum amount you must withdraw each year) directly to University of the Pacific.
Why is this a good idea?
A few reasons:
Have questions?
You can reference our Frequently Asked Questions, or let us know how we can help you by filling in the form below. We’ll be in touch to answer your questions!
Or, if you want to talk to someone immediately, please feel free to contact Jonelle Beck, JD ’00, Assistant Vice President, Estate & Gift Planning, directly at 209.946.2294 or at legacy@pacific.edu.
* Congress has waived the annual Required Minimum Distribution from IRA Accounts in the year 2020 as part of the CARES Act in response to COVID-19. Please consider seeking advice from your financial advisor or tax professional to understand how recent changes to laws governing retirement plans may impact you and your charitable gift.