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Charitable IRA Rollover:
A giving opportunity for those over 70½: Federal legislation allows you to make tax-free distributions from your IRA directly to a charity. This distribution means no increased income or payment of additional tax.
This gift opportunity is valid through Dec. 31, 2011.
Some of the details of the IRA Rollover:
• Donors must be age 70½ or older at the time of transfer.
• Distributions must be made (1) directly from the trustee (2) directly to the qualified charity.