MIZZOU Fall 2021 Trulaske College of Business Edition

Page 54

Charitable IRA rollover More Tigers are discovering the benefits of giving through their IRAs through the Charitable IRA Rollover. Individuals 70½ or older can make qualified charitable distributions from their individual retirement account, directly to a qualified charitable organization, in any amount up to a total of $100,000 annually without being subject to federal income taxes on the distribution AND it counts toward your required minimum distribution! This can be especially appealing to people who no longer itemize, since this kind of gift is not counted as income to the benefactor.

Gifts from your IRA can be used to support anything at Mizzou – from the annual fund to a named endowment!

For more information about giving to Mizzou through the Charitable IRA Rollover, please contact: 52 MIZZOUMAGAZINE

1-800-970-9977 | 573-882-0272 | giftplanning@missouri.edu


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
MIZZOU Fall 2021 Trulaske College of Business Edition by Mizzou - Issuu