EFTA00681459.pdf

From: "AFHU" < To: jeevacation@gmail.com Subject: Act Now: IRA Charity Rollover through December 31, 2014 Date: Thu, 18 Dec 2014 15:50:01 +0000 ;;;windows-header THE IRA-CHARITY ROLLOVER IS BACK THROUGH DECEMBER 31, 2014 Dear Friend. Special legislation [the Tax Increase Prevention Act of 2014] just enacted by Congress (awaiting the President's signature) restores the IRA-Charity Rollover--but only through December 31. American Friends have a brief opportunity to take all or part of your 2014 required minimum distribution and make a tax-free contribution to AFHU in support of The Hebrew University of Jerusalem. If you have not taken your required minimum distributions yet or are about to make your charitable gifts for 2014, December is the time to take advantage of this tax benefit and support Israel's leading university. IMPORTANT TO KNOW • The distributions (not to exceed a total of $100,000.00) from your IRA to charities must be paid directly to those charities by December 31. • You must be at least age 70%. • You cannot obtain any economic benefits from these charitable gifts. They cannot be used for tickets for events with a non-charitable portion, for a charitable gift annuity, a charitable remainder trust or contributed to a donor advised fund or private foundation. • If you have a 401(k) or other type of qualified plan, you must first make a tax-free rollover of funds to an IRA and then make your charitable distributions. The withdrawal from your IRA for direct distributions to charities will not be subject to income taxes. If you do not itemize deductions, this is a way to gain tax benefits for your charitable gifts by avoiding income tax on IRA withdrawals. TIME IS SHORT: YOU MUST ACT BEFORE DECEMBER 31. 2014 EFTA00681459 Thank you for your commitment to The Hebrew University of Jerusalem and to AFHU's enduring mission. Sincerely, Beth Asnien McCoy National Executive Director For information and for assistance in making an IRA withdrawal and distributions. please contact Linda Zisk. National Director of Development, at Or Click to view this email in a browser If you no longer wish to receive these emails. please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe AFHU One Battery Park Plaza 25th Floor New York. New York 10004 US Read the VerticalResponse marketing policy. ;21-ry Email Marketing with VerticalResponse! EFTA00681460