Individuals are now able to rollover their required minimum IRA distribution to charity rather than take it as income and pay tax on it.
How does it work? Once you’re 70 ½, you’re required to take your minimum distribution from your IRA. If you don’t want or need the income which could push you into a higher tax bracket, you can roll it over to charity. The law is now permanent which allows you to plan for it, and take advantage of it at any time during the year, not just at year end.
Would you consider designating your distribution to Child Bridge? Simply have your financial advisor or bank holding your IRA make the distribution check out to Child Bridge. When you invest in Child Bridge transactions become transformations!
Contact Steve to learn more or to answer any questions you might have at 406-837-2247 or email@example.com.