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Law Allowing Retirement Charitable Gifts Extended

January 12, 2011

A popular charitable giving tax incentive for seniors has been extended.

Under the “IRA Charitable Rollover Provision,” persons aged 70½ or older can make a tax-free charitable donation – up to $100,000 per year – from their Individual Retirement Account (IRA).

The provision was recently extended to allow seniors to donate to charity without tax consequences in 2010 and 2011. The deadline to make a tax-free charitable gift for the 2010 tax year is January 31, 2011.

Help support the Cystic Fibrosis Foundation's mission to cure and control CF by making a planned gift today.

For more information, please contact the Cystic Fibrosis Foundation Office of Planned Giving at (800) FIGHT CF or send an email to plannedgiving@cff.org.

The Cystic Fibrosis Foundation is an accredited charity of the Better Business Bureau.