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To view the September Carillon, please click the following link. Thank you! |
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*********************************************************************** ATTENTION: Charitable IRA Provision Extended Until 12/31/2009
We wanted to bring to your attention that the Charitable IRA Gift has been extended until 12/31/09. Here are the specifics:
The provision will be made retroactive to Jan. 1, 2008, and will apply to gifts made from that date through December 31, 2009.
The provision exempts from taxable income any funds transferred ("rolled over") from an Individual Retirement Account (IRA) to a charitable organization. The following limitations apply: • The donor must be age 70½ or older. • The cap on annual IRA rollovers is $100,000. • The contribution must be a direct gift to a charity (no planned gifts). *********************************************************************** |
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