Lifetime Gift from a Retirement Account
Under Pension Protection Act of 2006 - IRA
Charitable Rollover
(Important Reminders)
- You must be 70½ at the time you direct your IRA administratior to transfer the funds to the Symphony.
- The transfer must be directly from the IRA to the Symphony.
- Gifts cannot exceed $100,000 per year in 2006 and 2007.
- State income tax may still be due.
- You do not qualify for an income tax charitable deduction.
BE SURE TO:
Consult carefully with your plan administrator and your financial advisors before making any lifetime gift from your retirement plan.
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
