|
The Individual Retirement Account Charitable Rollover, first enacted by Congress in 2006, expired in 2009. However, in the new tax bill signed by President Barack Obama, the IRA Charitable Rollover provision has been extended through 2011. This provision allows individuals 70 1/2 or older to make tax-free gifts of up to $100,000 to qualified charitable organizations, like Clara Barton Hospital Foundation, using funds transferred directly from their traditional IRAs or Roth IRAs. Beginning ...
** Subscribers Log in to read this full article.
In order to view premium content, you must purchase a subscription.
|
|