IRA Charitable Rollover
How it works:
- Instruct your IRA custodian to distribute assets directly to Berkeley.
- Your IRA distribution to Berkeley is tax-free.
TAX CODE REQUIREMENTS:
- You must be 70 ½ at time of distribution.
- Distribution cannot exceed $100,000 per year.
- Distribution must come directly from IRA custodian.
How you Benefit:
- Your distribution is tax-free.
- You can satisfy all or part of your required minimum distribution.
- You can satisfy outstanding pledges with an IRA distribution.
For more in-depth information, please call one of our experts at 800-200-0575.