You’ve worked hard to build your retirement savings, and you want to make sure your family fully benefits from it. But did you know that if you name an individual other than your spouse as a beneficiary of your IRA assets they may be subject to both federal and state income and estate taxes?
Fortunately, for a limited time, charitable IRA legislation enables you to direct a portion of your to the charity of your choice.
If you’re over the age of 70 ½, you can protect up to $100,000 of your IRA annual distribution from income taxes, per year, through a charitable contribution to Robert Morris University.
Contributions from traditional IRAs make great gifts to RMU, and they help the university continue change the lives of its students. Between now and December 31, you can take advantage of this tax-free gift opportunity. Don’t wait—act now!
When you choose to make a charitable gift to RMU, you automatically become a member of our prestigious RMU Heritage Society, where you are recognized as someone who cares about the future of the university and its students.
For more information on protecting your IRA Assets, please contact Kimberley A. Hammer, vice president for development, at 412-397-6413 or firstname.lastname@example.org.