Good news about IRA giving
Some great news was released last week in the world of charitable giving and stewardship!
President Obama signed a new act that helped those over 70 1/2 years old give through a permanent IRA Charitable Rollover. This permanent rollover can help friends of our ministry benefit the work in Haiti now and for years to come!
According to a Charity Navigator report: “The IRA Charitable Rollover allows individuals who are 70 1/2 years old to donate up to $100,000 to charitable organizations directly from their IRA, without that donation being counted as taxable income when it is withdrawn. To qualify, contributions must come from a traditional IRA or Roth IRA, and they must be made directly to a public charity.For more information about this charitable tax benefit, check out Charity Navigator’s blog here.
Drop us an email or give us a call at 217-778-6950 to discuss how you can benefit Haitian Christian Outreach with your IRA Charitable Rollover.