IRA Rollover Toolkit

IRA Charitable Rollover Gifts Have Been Permanently Extended

On December 18, 2015, H.R. 2029, the Protecting Americans from Tax Hikes Act of 2015 eliminated the two-year limit on IRA Charitable Rollovers in Sec. 408(d)(8) of the Internal Revenue Code of 1986. This action removes the uncertainty surrounding IRA Charitable Rollovers, effectively making the provision “permanent” (to the extent anything is permanent in the tax code). Going forward, prospects and donors age 70½ and older are allowed to make direct transfers up to $100,000 per year from traditional IRA accounts to qualified charities.

Under the new SECURE Act, donors may still make direct gifts via qualified charitable distributions (QCDs) at age 70½.

This enhanced toolkit includes:

• Promotional copy for multiple direct mail letters to send throughout the year
• Follow-up postcards and e-mail text
• Instruction letter your donors can send to their IRA plan providers
• Sample gift acknowledgement letter

We’ve purposely included more than the usual amount of detail in these materials – feel free to customize them to match your program’s style and your prospects’ expectations.