{"id":142,"date":"2013-01-11T17:45:03","date_gmt":"2013-01-11T17:45:03","guid":{"rendered":"http:\/\/www.stewardshipworks.org\/blog\/?p=142"},"modified":"2013-02-06T23:37:13","modified_gmt":"2013-02-06T23:37:13","slug":"turned-70-12-last-year-ira-deadline-looms-make-a-charity-happy-now","status":"publish","type":"post","link":"https:\/\/www.stewardshipworks.org\/blog\/?p=142","title":{"rendered":"Turned 70-1\/2 last year?"},"content":{"rendered":"

Charities are still reeling from the economic downturn of the few years. Frankly, many of them are hurting. But if you are at least 6 months over 70 years old and you\u2019re required to take more from your IRA than you need, then you can make one of these charities\u2019 life a bit brighter. But you have to hurry.<\/p>\n

\"IRSThe Feds recently enacted tax legislation to allow a distribution to charity from any traditional or Roth IRA up to a maximum of $100,000 per donor. The distribution has to be made directly from your IRA to the charity, so you won\u2019t have that warm fuzzy from penning the paper, but you\u2019ll still be doing a world of good.<\/p>\n

There\u2019s some fine print in this deal that ends February 1, 2013, so if you want to take advantage of this distribution to charity we can advise how to do it correctly and help you contact your IRA custodian or representative to arrange for the proper transfer of funds.<\/p>\n

If you qualify, and want to make a move now, we encourage you to learn more about the charities that uphold the values shared by the Stewardship Foundation – those that are catalysts for positive, life-affirming change in our communities.<\/p>\n