Larry Blair, Attorney at Law

Larry S. Blair


Posted on December 22, 2014

The Tax Extender Bill has passed through Congress and is expected to be signed by the President.

One of the provisions allows individuals who are 70 1/2 or older to make a Charitable IRA Rollover.  The donation allows individuals to make charitable gifts of up to $100,000 in 2014 from their IRA account to one or more charities, without incurring income tax on IRA distributions.


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