Wednesday, September 06, 2006

CITIZEN-TIMES.com: IRA rule benefits retirees, charities

CITIZEN-TIMES.com: IRA rule benefits retirees, charities: "RA rule benefits retirees, charities
by Dale Neal, DNEAL@CITIZEN-TIMES.COM
published September 6, 2006 12:15 am
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ASHEVILLE — Charitable giving just got easier for some retirees who want to see more of their sizeable nest eggs going toward their favorite causes, rather than to Uncle Sam.

Under a new federal law, owners of Individual Retirement Accounts can transfer portions of their savings directly to charity — without first counting it as income and paying income tax."
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