IRA Charitable Rollover 2013
We have exciting news to help you save tax dollars while supporting Canisius College.
The IRA charitable rollover has been reinstated through 2013 as a result of the American Taxpayer Relief Act of 2012.
Individuals age 701/2 or older are once again eligible to transfer any portion of a mandatory distribution (up to $100,000 a year) from an IRA directly to a tax-exempt charity such as Canisius College, free of federal income tax, through December 31, 2013.
More information can be found in the IRA charitable rollover fact sheet. Be sure to contact your advisor to find out how this limited opportunity may benefit you. If you would like more information about supporting specific programs at Canisius, or if you would like a sample letter to send to your IRA provider, please contact Dianna Civello, interim vice president for Institutional Advancement, at 716-888-8220 or email@example.com.
We hope this tax incentive will assist you in reaching your philanthropic goals. As always, we are grateful for your continued support of Canisius College as we prepare leaders for tomorrow.