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Southern Indiana Living Magazine - Jan / Feb 2023

January / February 2023 issue of SIL

January / February 2023 issue of SIL

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IRA CHARITABLE ROLLOVER<br />

A Sweet Choice<br />

If your IRA is life’s dessert, the thought of<br />

being forced to pay taxes on a distribution<br />

you would rather not take may leave a sour<br />

taste in your mouth.<br />

It does not have to.<br />

Rather than take the Required Minimum Distribution, gift all or part of the RMD to<br />

your favorite nonprofit.<br />

By having it come directly to the nonprofit you don’t have to pay income tax on<br />

the distribution and you support a cause you love.<br />

Instead of the sour taste of taxes, you can enjoy the<br />

sweet delight of helping others.<br />

Contact us<br />

for more information!<br />

This information is not intended as tax, legal or financial advice. Gift results may vary.<br />

Consult your personal financial advisor for information specific to your situation.<br />

Copyright © 2022 Crescendo Interactive, Inc. Used by permission.<br />

812-738-6668 | hccfindiana.org<br />

<strong>Southern</strong> <strong>Indiana</strong> <strong>Living</strong> • <strong>Jan</strong>/<strong>Feb</strong> <strong>2023</strong> • 31

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