Make an IRA Rollover Gift to the NCMS Foundation!

The Individual Retirement Account (IRA) rollover provision expires on December 31, 2011, unless reauthorized by Congress. Under this provision, individuals 70½ and older can elect to make a donation directly to a charitable organization from their IRA accounts.

The following limitations apply:

  1. The donor must be age 70½ or older.
  2. The charitable donation must be distributed directly from a traditional or Roth IRA.
  3. $100,000 is the annual rollover maximum.
  4. All IRA rollovers must be made by December 31, 2011.

Take advantage of this wonderful opportunity to support the work of the NCMS Foundation via a tax-free, direct rollover from your IRA.  To arrange a donation via an IRA rollover, please contact your financial advisor this month to begin the transfer.  

For more information on IRA Charitable Rollovers or other types of gifts to the NCMS Foundation, contact Maggie Sauer, NCMS Foundation Associate Executive Director, at 919-833-3836.

 
 

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