Lunch & Learn October- IRA Giving Strategies

Posted on October 2, 2018

Charitable Giving from your IRA- Lunch & Learn

If you are over the age of 70 ½, you could save a significant amount of income taxes by making a gift to charity directly from your IRA. Recent changes to the tax law make it more likely that you will benefit from using your IRA to make a charitable gift.

Particularly valuable to you if:
• You don’t itemize deductions and thus don’t benefit from charitable deductions
• You usually itemize but would save more in taxes by claiming the standard deduction and doing QCDs instead of other charitable gifts.
• Additional income would increase your Medicare premium.
• Your Social Security benefits are taxed but at less than the 85% maximum
• You have other charitable gifts in excess of deduction limitations.

Donna Niester, CPA
When: October 22nd
Where: Community Foundation of St. Clair County- 500 Water Street, Port Huron, MI 48060
Time: Noon – 1pm
*Lunch provided

Join us to learn how to maximize your charitable giving through your IRA this year and why you should consider using your IRA for charitable giving now, before simply writing checks to charities.

Please RSVP to Sue Schmid at .(JavaScript must be enabled to view this email address) or call 810-984-4761 If you are unable to attend but want to learn more, please contact us.

Invite your friends to join us on the Facebook event page:

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Community Foundation of St. Clair County
Community Foundation of St. Clair County 500 Water St.Port Huron, MI 48060 (810) 984-4761 Fax (810) 984-3394

Community Foundation of St Clair is a 501(c)(3) and all donations are tax deductible. EIN 38-1872132

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