It is with great certainty the President will sign into law an - TopicsExpress



          

It is with great certainty the President will sign into law an extension of the IRA Charitable Rollover yet this week. Until the law is made official, now is the time to begin planning if you and/or your spouse are 70-1/2 or older. You are able to give a tax-free gift to Saginaw Community Foundation of up to $100,000 each from your IRA account. This gift will count towards your minimum required distribution and does not trigger any income tax. Gifts must be completed by December 31, 2014. Contributions to donor advised funds are not allowed. Contact your IRA provider for instructions or contact SCF at (989) 755-0545 with any questions.
Posted on: Thu, 18 Dec 2014 20:20:43 +0000

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