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Bequests and Planned Giving for The Muny Endowment |
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 Exciting IRA Opportunities
At the close of 2008, charitable IRA legislation was enacted. Now, you can make gifts to The Muny using funds from your individual retirement account (IRA) without tax complications. It is a very simple process. Simply contact your IRA custodian with your wishes. Here’s how it works:
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• You must be age 70 ½ or older when you make your gift
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• You transfer funds directly from an IRA to The Muny
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• Your gifts do not total more than $100,000 in 2009
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• You make the gifts to qualified public charities, like The Muny
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• You don’t have to take a required minimum distribution in 2009? Good news…you can still make an IRA gift.
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