Jim Steier, cfre Chief Executive Officer A different IRA conversation Donors may be asking if the popular IRA Charitable Rollover will become available before the end of the year. The short answer? We don’t know. For the foreseeable future, this is a...
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Jim Steier, cfre Chief Executive Officer A different IRA conversation Donors may be asking if the popular IRA Charitable Rollover will become available before the end of the year. The short answer? We don’t know. For the foreseeable future, this is a question your donors may have to ask on an annual basis, and you are wise to have an answer ready for them. Donors age 70½ and older will spend the next two months waiting to see if Congress will pass legislation allowing for outright gifts from their IRAs. And every day that passes is an opportunity to have a different kind of IRA conversation. While focusing on the IRA Charitable Rollover legislation, organizations often overlook IRAs as end-of-life giving opportunities. This is a mistake. Don’t let the uncertainty of legislation stop you from encouraging your donors to make end-of-life gifts using their IRAs. When talking about planned giving, ask donors to name your organization as one of the beneficiaries of their IRAs. Donors may not
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