Traditional and Roth IRA owners over age 70-1/2 may direct all or a portion of their current year’s required minimum distribution to a non-profit institution such as Concordia Academy. This distribution opportunity is good through December 31, 2012. Your tax-free gift:
- May be up to $100,000 or $200,000 for a married couple.
- Must be a direct rollover, not a personal distribution.
- Will count toward your annual minimum distribution.
- Can be made during 2011-2012 to help support Concordia Academy.
For more information email Dr. Tim Berner or call 651-481-1649 ex. 111.