Congress has reached a last minute deal to extend the charitable IRA rollover retroactively for 2015 and make it permanent with no expiration date for future years.
To take advantage of the extension for 2015, you need to arrange a direct transfer from your IRA to Edmundite by December 31 to count against your required minimum distribution for 2015. Direct transfers from IRAs to Edmundite made earlier in 2015 in anticipation of the charitable IRA rollover being extended will also count.
What gifts qualify for an IRA charitable rollover?
If you have any questions or would like additional information, please contact:
Office of Gift Planning
Toll Free: 888-540-7722
Edmundite Southern Missions