Break the Cycle

IRA Rollover
The Pension Protection Act of 2006 allows for qualified charitable contributions
from Individual Retirement Accounts (IRAs). Individuals can now rollover up to
$100,000 from an IRA or Roth IRA to a qualifying charity without the assets
becoming a taxable distribution. This legislation will expire on December 31,
2007, so act quickly.

You can still benefit if you have a 401K, 403B or other retirement account.
First roll funds from your retirement account into an IRA and then make the
donation directly to Break the Cycle.

How Do I Qualify?
  • You must be 70 ½ or older on date of contribution.
  • You must transfer the donation directly to Break the Cycle.
  • You cannot donate more than $100,000 per year as an individual.
  • You cannot give to deferred gift plan such as a charitable remainder trust
    or gift annuity.
How Do I Start?
Contact your IRA trustee to make the gift directly to Break the Cycle.

Contact us at
We are happy to discuss this unique option with you.

Please consider seeking tax or legal counsel before deciding on a course of action.

Thank you for your interest and support.