Congress recently passed legislation, commonly known as the
fiscal cliff law, permitting individuals 70 ½ years of age and older
to transfer up to $100,000 from an IRA to BSC free from federal
income tax. Better yet, an IRA rollover gift qualifies for the
required minimum distribution (RMD), resulting in lower taxable
income. Thanks to this extension, our alumni, parents, and
friends have a smart and easy way to make a very important gift
to BSC by May 31, 2013.
UTILIZE AN IRA
CHARITABLE ROLLOVER
MOVE BSC FORWARD, EVER!
A WIN/WIN DEAL
BSC
Birmingham-Southern College
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