The 2010 IRA charitable rollover passed the House and awaits Senate approval. It is not currently available. Because it is very likely to pass this year, we ask you to continue to plan for a potential IRA charitable rollover in the fall of 2010. To learn more
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Barbara retired after forty years as a teacher. She had volunteered for many years with Lutheran Social Services. Since Barbara did not need the income, she decided to make a gift of $2,000 from her IRA to reflect her support.
Barbara called our gift planner and learned of a simple and easy method to make a gift to benefit our organization. Now that she was over age 70½, she had the option of rolling over up to $100,000 from her IRA to charity without paying any taxes. 