The Vegetarian Resource Group Blog

IRA Charitable Rollover

Posted on December 22, 2015 by The VRG Blog Editor

According to Forbes, with the federal budget deal signed into law, those who are over 70-1/2 and have to take required minimum distributions from their traditional (pre-tax) Individual Retirement Accounts, will be able to make direct gifts of up to $100,000 a year to charity from their IRA. Consult your tax advisor before the end of the year if this may impact you.

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