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Posted about 3 years ago. 0 helpful votes, 0 comments
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The Rules are:1. You must be 70 1/2 or older. 2. Transfers must be made directly from the IRA custodian to the Charity. 3. Up to $100,000.00 may be gifted in 2009. The IRA distributions can come from multiple IRAs but they are limited to a total of $100,000. 4. The transfer will count toward your required annual distribution. 2
Step to avoid:If the distribution comes to you first and then you write a check to the Charity, you will NOT get the same benefit. Related Questions2 Attorney answers: 
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