In early January 2013 the federal government renewed the popular tax-law provision that allows you to transfer up to $100,000 annually from your Individual Retirement Plan (IRA) to not-for-profits such as All Classical Portland without having to count it as taxable income.
To qualify you must be age 70½ or older.
You may make a 2013 tax-year transfer directly from your IRA to All Classical Portland anytime before December 31, 2013.
There is no income tax deduction for these transfers.
To learn more about how you can convert your taxable IRA distributions into support for All Classical Portland, please consult your legal and financial advisors and contact Deborah Rochford at email@example.com or 503.802.9401.