Giving News
Extended Legislation Allows You to Make Tax-Free Lifetime Gifts From Your IRA
On October 3, 2008, President Bush signed legislation (Public Law 110-343), which includes an extension of the IRA Charitable Rollover originally enacted as part of the Pension Protection Act of 2006. The extension is retroactive, applying to distributions made throughout both the 2008 and 2009 tax years. The extension will allow individuals 70½ and older to donate up to $100,000 from their IRAs to charities tax-free. Read more . . .