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Tax-free transfers to charity renewed for IRA owners 70 ½ and older

By: 
Suzanne Willian, Advisor to the Bishop for Development

If you are 70 ½ or older, you can make a charitable gift to the Alleluia Fund, your church, or other qualified charity from your Individual Retirement Account (IRA) without recognizing the assets as income for tax purposes.

If interested, please contact your IRA administrator. Additional information is available in this announcement from the Episcopal Church Foundation.