Lifetime Gift from a Retirement Account
Under Pension Protection Act of 2006 - IRA
Charitable Rollover
(Gift Example)
You hold several retirement accounts but few stocks and
bonds. You have just turned 70½,
have sufficient income so you don't need your minimum required distribution
(MRD) from your retirement plan, and taking the distribution will increase
your income taxes.
- You send a letters to your plan administrator requesting a direct transfer to the Symphony of your MRD amount. You avoid all federal income taxes and support the Symphony in an area you designate.
For more information
Email us, complete the personal illustration form, or call us at (619) 237-1964 so that we can assist you through every step of the process.
San Diego Symphony Foundation
1245 Seventh Ave
San Diego, CA 92101
(619) 237-1964
