Start Your Year on a High Note!
Are you looking for an easy way to make a big difference in helping
further The Florida Orchestra’s mission?
RA charitable giving is now permanent and a way you can transfer IRfunds from your IRA directly to the orchestra while realizing some
THE FLORIDA ORCHESTRA | 2018-2019 35
important tax benefits.
If you are 70 ½ or older and own an IRA, you can reduce your
taxable income and lower your Social Security tax from your
IRA withdrawals.
Additional Benefits of an IRA Charitable Rollover
Tax exempt on transfers of up to $100,000 annually
Counts toward your yearly Required Minimum
Distribution (RMD)
Gifts are not subject to the 50% deduction limit on
charitable gifts
For more information, contact Kim Payne, Legacy Giving Manager,
at 727.362.5421, or kpayne@floridaorchestra.org. a.
Thank you for considering a year-end gift to The Florida Orchestra.
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Direct Your IRA Distribution to TFO
*401(k), 403(b), SEP IRA accounts, and other retirement accounts do not qualify.
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