This opportunity is for persons 70 1/2 years of age or older. If you know someone that qualifies, have them contact us. A person 70 1/2 years of age or older can make a non-taxable donation from an IRA to eligible charities directly from their IRA of up to $100,000. This applies through December 31, 2011 unless extended by Congress. These distributions aren’t subject to the charitable contribution percentage llimits since they are neither included in gross income nor claimed as a deduction on the taxpayer’s tax return. Some or all of the direct IRA transfer can be used to help satisfy the Required Minimum Distribution requirements of the IRA
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