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IRS eases rules on tax-free IRA payouts direct to charity.(RETIREMENT PLANS)
Kiplinger Tax Letter, The, January, 2007
Tags: Internal Revenue Service, payout, tax
IRS eases the rules on tax-free IRA payouts direct to charity. Last year, Congress passed a law allowing IRA owners who are at least 701/2 to give a charity up to $100,000 a year from their regular IRAs or Roths. Such payouts are tax free and can be used to satisfy minimum-payout rules. New ...