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
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.