The tax-free IRA Charitable Rollover is back
October 9, 2008
The special opportunity that expired at the end of 2007 has been extended to 12/31/09.
Under this new extension legislation, such gifts can be excluded from your gross income: a tax-free rollover.
To qualify for benefits under the extension:
- You must be 70 1/2 or older at the time of the gift
- Transfers must go directly from the IRA to Oregon Health & Science University Foundation or Doernbecher Children’s Hospital Foundation in 2009
- Your total IRA gift(s) cannot exceed $100,000 per year
- Gift(s) must be outright
Please contact our gift planning office at 503-228-1730 or 800-462-6608 or pginfo@ohsu.edu if you would like to learn more about this exciting opportunity.
