|Volume 9, No. 3||WINTER 2006|
Conside A Year-End Giving Opportunity To IOCC
Thinking about year-end giving to IOCC? Consider a new tax law that allows older Americans to make charitable gifts directly from their individual retirement accounts. For the rest of 2006 and 2007, taxpayers 70 1/2 and older can contribute up to $100,000 a year directly to charities from their IRAs without triggering federal income tax on the IRA distributions. For more information, contact Dan Christopulos, IOCC’s Director of Development, toll free at 1-877-803-IOCC (4622).