Congress just passed a last-minute tax break on charitable donations from Individual Retirement Accounts (IRA) for those over 70˝. If you have an IRA, you may be eligible to make a gift directly to MJFF, without incurring tax consequences.
To qualify, you must:
- Be age 70˝ or older
- Give up to $100,000 from your IRA by December 31, 2014
- Transfer funds directly from an IRA
- Transfer the gift outright to MJFF
With just a few days left in 2014, consider the role you can play in progress toward a cure for Parkinson’s disease. Remember, at MJFF 89 cents of every dollar you give goes directly to high-impact research, bringing improved therapies closer to patients’ hands.
To learn more, contact your financial advisor or call 1-800-708-7644.