Wednesday, April 12, 2017

Easing Your Tax Bill

Did you know that after age 70 1/2, the required withdrawal from your IRA account has no taxes assessed if donated directly to a nonprofit organization?   What a great way to get more bang for your charity buck!  Qualified nonprofits, by the way, would include the SPARTA scholarship fund with the Community Foundation of Central Wisconsin.

Thanks to Eileen Payne for this information.

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