IRA Rollover Gifts
The IRA Charitable Rollover expired on December 31, 2009. Congress could take action in 2010 to provide for retractive gifts from IRAs, but has yet to do so.
Background: The Emergency Economic Stabilization Act of 2008 was approved on October 3, 2008. This provided an excellent charitable planning opportunity for both 2008 and 2009. The act permitted donors age 70 ½ or older to make a direct transfer to a charity, such as the Evangelical Free Church of America. The transfer was up to $100,000 in one year. Section 408(d)(8)(A).
Last Updated: January 12, 2010
Non-Cash Gifts
IRA Rollover Gifts
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Deferred Gifts
If you have included us as a beneficiary of your estate, trust, or retirement fund, please share your plans with us by completing this statement of intentions form or call the EFCA Foundation at (800) 995-8578.
