Charitable IRA rollover offers significant benefits
$225.00
Description
Abstract: At the end of last year, Congress reinstated — and made permanent — qualified charitable distributions from IRAs, also known as charitable IRA rollovers. For those age 70½ or older and who plan to make charitable donations this year, a charitable rollover can provide significant tax benefits. This article details the benefits of a rollover and its requirements. A sidebar explains how the rollover may satisfy one’s required minimum distributions for the year.
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