Easy IRA Gift
Barbara retired after 40 years as a teacher. She had volunteered for many years with United Way. She had an IRA and was nearing the time to take her required payout for this year in the amount of $2,000. Since Barbara did not need
the income, she decided to make a gift of $2,000 from her IRA to reflect her support.
Barbara: My pension had benefited from the last stock market boom. I had more IRA income than I needed to cover my living expenses. I saw all of the good United Way had accomplished over the years and wanted to give something back.
Barbara called her gift planner and learned of a simple and easy method to make a gift to benefit United Way. Now that she is
over the age of 70.5, she has the option of rolling over up to $100,000 from her IRA to charity without paying any taxes.
Barbara called her IRA custodian and requested a transfer of her $2,000 required distribution from her IRA directly to United Way.
Barbara: It was very easy to make an IRA charitable gift. The part I like best is that I could help my favorite charity with my required distribution.
For more information on one of the following options please call or e-mail Gerry Taylor at United Way of Northeast Georgia 706-543-5254 or gerryktaylor@bellsouth.net.
- You would like to receive more information on the benefits of an IRA.
- You would like to receive a presentation about making and IRA gift.