What is an IRA rollover fund?
In the current economic environment, several unique gifts are attractive. One such gift is the IRA rollover provision. With this gift, you are not given an itemized charitable deduction, but rather the gift is accepted directly from your IRA - and you do not need to declare the IRA transfer as adjusted gross taxable income on your 1040 form.
NOTE: Each year, this opportunity depends on Congressional action to extend the option.
For more information, contact Kaylene Derksen.