Dec 18, 2015

Do Good and Reduce Taxes NOW and FOREVER! IRA Charitable Rollover Deadline Extended!

IRA Charitable Rollover Available Through December 31, 2015 and Made Permanent

The Senate has reauthorized the IRA charitable rollover for 2015 and has made the legislation permanent.

Donors 70 ½ and older can transfer up to $100,000 of their IRA assets to the Jewish Federation of South Palm Beach County and/or the Jacobson Jewish Community Foundation as well as any qualified public charity without incurring Federal income tax on their required minimum distribution for 2015.

Please contact your IRA administrator and/or professional advisor as soon as possible to complete the rollover by the end of the year.

For questions or to discuss this issue further, please contact Shawn Laing 561.852.5010 or Linda Hurst 561.852.3170 at the Jacobson Jewish Community Foundation.

Wishing you a happy and healthy 2016!

Jacobson Jewish Community Foundation

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