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President Extends IRA Charitable Rollover

12/17/2010
December 17, 2010
 
 
President Extends IRA Charitable Rollover

December 17, 2010
 

Council on Foundations - 
 
President Obama has signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, extending the provision allowing individuals to roll over up to $100,000 from an individual retirement account (IRA) directly to a qualifying charity without recognizing the assets transferred to the qualifying charity as income.until December 31, 2011. More




 
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Broward County Inspiring Philanthropy over 25 years