If you are 70 1/2 or older, it is again possible to make tax-favored charitable gifts from traditional and Roth IRA’s.
BUT TIME IS SHORT!
On December 19th, legislation was signed into law that extends this special opportunity for gifts completed in 2014.
That means you only have until December 31st!!
Up to $100,000 can be transferred directly from traditional or Roth IRAs to charitable organizations free of federal income tax. For more information about how to make an IRA contribution to The Fountains: contact your tax professional; CLICK HERE, or contact Lucille Sterling at foundation@dsumf.org / 602-266-6956.
You may also contact David James, The Fountains Finance Chair 576-876-1027 or Linda Lull, The Fountains Treasurer 480-686-1480.