President Obama has signed legislation to permanently extend the IRA Charitable Rollover for 2015 and beyond!
This bill allows individuals age 70½ or older to transfer up to $100,000 from an IRA to a qualified public charity free of federal income tax. The amount transferred can also be used to satisfy a donor’s required minimum distribution (RMD).
Interested in making a gift to the Triangle Education Foundation for 2015 through your IRA is easy! Follow these two steps:
Notify your IRA custodian you’d like to make a direct transfer of your distribution amount from your IRA to the Triangle Education Foundation, EIN 23-7063427, 120 S. Center St, Plainfield, IN 46168
Let Amy Buchheit at Triangle Education Foundation know you’ve made an IRA gift so we can be on the lookout for it
This IRA gift is a great way to meet your minimum distribution requirements and support TEF!
If you want to take advantage of this in 2015, contact your IRA custodian immediately to get your gift started- you have until December 31st to get your distribution in.
If you have a question about an IRA gift or any other type of gift you’d like, please contact Amy Buchheit at 314-540-7116 or firstname.lastname@example.org