Lower Your Taxes through Charitable Giving
As you are considering your end-of-year giving and tax planning, know that you have options. Certain strategies allow you to support justice through a donation to NARFwhile obtaining significant tax savings. For example:
- If you are 70.5 or older and are required to take a minimum distribution from your IRA, an IRA rollover gift to a qualified charity can help avoid paying taxes on the distribution.
- Gifting an appreciated asset to a charity can provide income tax and capital gains tax savings.
- Funding a charitable remainder unitrust can create a lasting legacy, provide for heirs, and give your family significant tax benefits.
If you would like to learn more about any of these planned giving strategies, please contact NARF’s Director of Development Donald M. Ragona at email@example.com or 303-447-8760. Thank you for your support.
Learn more at http://plannedgiving.narf.org/.