The IRA Charitable Rollover is approved for 2013
Donors 70 ½ or older may elect to transfer up to $100,000 directly from their IRA accounts to Lakeland College. Your required minimum distribution can be counted toward the transfer. Transferring property directly from your plan to one or more charities means you don’t have to declare it as taxable income. If you are interested in using the IRA Charitable Rollover this year, contact your IRA plan administrator for the approved form to initiate the transfer.