Charitable Distribution from an IRA

A gift that keeps on giving.

If you have a traditional IRA, you know that once you are 72 or older you are required to make a minimum distribution from your IRA every year. That triggers taxes.

Yet there's another way. You can make a contribution directly from your traditional IRA to a qualified charity like Tug Hill Tomorrow Land Trust, up to $100,000, without it being considered a taxable distribution.

This year-end is a great way to make a difference and increase the pace of conservation. For more information, please contact your financial advisor, call Linda Garrett, Executive Director, at (315) 779-8240 or email her at lgarrett@tughilltomorrow.org and she will be happy to help you.