Tuesday, October 02, 2007

Congressman Proposes "Simple" Measure to Encourage IRA Gifts - Philanthropy.com

Congressman Proposes "Simple" Measure to Encourage IRA Gifts - Philanthropy.com: "Congressman Proposes 'Simple' Measure to Encourage IRA Gifts Rep. Nick Lampson, Democrat of Texas, has taken a new tack in the campaign to persuade Congress to allow people to continue donating money from their individual retirement accounts to charities tax-free. Mr. Lampson last month introduced the Charitable Tax Relief Act of 2007, H.R. 3596, which does just one thing: makes permanent the legislation that allows such donations when people are 70-1/2 or older, which is set to expire at the end of this year."

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