As part of the "fiscal cliff" deal,
Congress has resurrected a popular tax-law provision, known as the "IRA
charitable rollover" that had expired at the end of 2011.
The rule allows many investors 70½ or
older to transfer as much as $100,000 a year from an individual
retirement account directly to a qualified charity without having to
count any of that transfer as taxable income.
Read more... at the Wall Street Journal.
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