The IRA charitable rollover is back for 2013
Jan. 31, 2013
Good news! On Jan. 1, Congress passed the American Taxpayer Relief Act of 2012. It enables donors 70½ and older to support their favorite not-for-profit organizations and ministries, such as the Good Samaritan Society, with tax-free gifts from their individual retirement accounts.
The charitable IRA rollover gift option is available until Dec. 31, 2013. Individuals can make up to $100,000 in charitable IRA rollovers in a year. Distributions must be made directly from IRA trustees to the Good Samaritan Society.
This is an easy and convenient way to support the work of the Good Samaritan Society.
Please give us a call at 1-877-774-2740 if you would like to learn more about the benefits of a charitable IRA rollover. We thank you for your ongoing support of the mission of the Good Samaritan Society and look forward to assisting you with creative and tax-saving gift options.