IRA charitable rollover is resurrected in "fiscal cliff" deal

01/9/2013 | MarketWatch · Wall Street Journal, The

The deal to avert the "fiscal cliff" brings back a provision that allows IRA investors to direct up to $100,000 of their minimum required distributions to charity. The so-called charitable rollover is not counted as taxable income. Taxpayers looking to reduce their adjusted gross income to avoid new taxes could benefit from the provision, experts say.

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MarketWatch · Wall Street Journal, The

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