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? |
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How Do I Start? |
Contact your IRA trustee to make the gift directly to Break the Cycle. |
Questions? |
Contact us at development@breakthecycle.org. 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. |