We also have the personal satisfaction of leaving a lasting gift that will help provide educational opportunities for future generations of Cazenovia College students."
~ Polly and Jack Koerner
The IRA Charitable Rollover is back for 2012 and 2013!
The charitable IRA rollover legislation allows you to transfer lifetime gifts up to $100,000 using funds from your individual retirement account (IRA) without undesirable tax effects.
You may contribute funds this way if you:
- are 70 and a half years old or older at the time of the gift;
- made a gift of any amount up to $100,000 in 2012;
- make a gift by February 1, 2013, which may count retroactively for 2012;
- make a gift of any amount up to $100,000 on or before December 31, 2013, to qualify for 2013;
- transfer funds directly from an IRA; or
- transfer the gifts outright to one or more qualified charities.
Read more on our website about the IRA Charitable Rollover and other ways to support Cazenovia College.