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IRA Rollover


     

 

Congress has extended the IRA Charitable Rollover provision for 2013.

A direct transfer from your IRA to The Cleveland Orchestra can be a great way to make a tax-wise gift. 
Please consult with your financial advisor to determine your best gift option.

A qualified transfer will count toward your required minimum distribution and be excluded from your 
gross income. 

     

To qualify for these benefits:

  • You must be 70-and-one-half years old or older at the time of the gift.
  • Your gift must be made directly from your IRA to The Cleveland Orchestra.
  • You may transfer up to a total of $100,000.
  • The gift must be outright and cannot be used to create a gift annuity or charitable trust.