IRA Charitable Rollover Tax Benefits
Individuals age 70 ½ or older can donate up to $100,000 of IRA assets to qualified charitable organizations.
Benefits of making charitable contributions via IRA rollovers include:
It is important to note that tax-free gifts from your IRA can not be withdrawn by the donor, but instead must be paid directly by the IRA custodian to one or more qualified charities. Please consult your financial or legal adviser for additional information, and notify the intended recipient(s) that a gift is coming.
If an IRA Charitable Rollover is an option in your particular situation, we hope you will consider naming NICHES Land Trust, a qualified 501 (c)(3) charitable organization, as a beneficiary.
For additional information about NICHES Land Trust, or to make a direct gift online, go to www.nicheslandtrust.org.