Posted on December 9, 2011
The end of the year means many things including Chanukah, spending time with family and reflecting on your achievements and how the world has changed this year. This year, there is a new way to show your support for Areyvut. Tax-free distributions can be made from individual retirement plans for a charitable purpose. This “Charitable IRS Rollover”, permits taxpayers age 70 1/2 or older to make tax-free distributions to Areyvut from any Individual Retirement Account (IRA) of up to $100,000 per taxpayer, per tax year. For questions or advice please contact your accountant or tax advisor.
How does this work?
For any questions or more information about donating to Areyvut and how your support impacts participants, communities and agencies please contact me at 201-244-6702 or via e-mail at firstname.lastname@example.org. If you do not qualify for this tax incentive but are still interested in supporting Jewish education and service you can contribute through our website. Thanks in advance for your consideration!