Tax-free IRA Charitable Gift Rollovers

The IRA rollover was first enacted in 2006 as part of theĀ Pension Protection Act. The provision allows individuals aged 70 Ā½ and older to donate up to $100,000 from their Individual Retirement Accounts (IRAs) to public charities without having to count the distributions as taxable income. As part of the Tax Relief, Unemployment Insurance Reauthorization, […]
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