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Did you know? IRA Charitable Rollover

If you are over age 70½ and have an IRA account, you are required to take annual distributions to satisfy your required minimum distribution (RMD). Individuals may elect to distribute funds (up to $100,000/year) directly from IRA accounts to The Ohio Masonic Home Foundation, without increasing your adjusted gross income (AGI). While these distributions generally do not qualify for an income tax deduction, a “charitable IRA rollover” is a great way to satisfy your RMD and make a wonderful gift.

Please call the Foundation at (888) 248-2664, and one of our team members would be happy to help explain the process.

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