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IRA Charitable Rollover

On October 3, 2008, President Bush signed a bill extending the individual retirement account (IRA) charitable rollover provision through December 31, 2009.  If you are 70 ½ years or older, distributions from your IRA may be made to a charitable organization tax free.  You may distribute up to $100,000 per year directly from your IRA as part of your annual minimum required distribution.  If you have questions concerning your eligibility, please contact your financial advisor.  For more information about investing in the Lord’s work through ICM, contact ICM Director of Ministry Advancement, Elisa Goodwin, at 1 (800) 999-3892.