As of December 18, 2015, the IRA Charitable Rollover was passed by Congress and signed into permanent law by the President, allowing taxpayers age 70 ½ or older to transfer up to $100,000 annually from their IRA accounts directly to charity without first having to recognize the distribution as income. To avoid paying taxes on the donation, you must follow the IRS’s rules for qualified charitable distributions

It is important that you check with your financial advisor to make sure this option is right for you. Contact our Donor Development Director for more information at 360-588-5720.