The Michigan Engineer News Center

Charitable IRA rollover for 2014 now available

If you are 70½ or older and own a traditional IRA, consider making an IRA charitable rollover gift this year.| Short Read

If you are 70½ or older and own a traditional IRA, consider making an IRA charitable rollover gift this year. A gift of up to $100,000 made from your IRA to the University of Michigan will:

  • not be included in your taxable income.
  • satisfy your required minimum distribution (RMD) for the year.
  • reduce your taxable income, even if you do not itemize deductions.
  • not be subject to charitable gift limitations.
  • provide meaningful support for the University of Michigan.

This gift opportunity ends on December 31, 2014.

Contact the Office of Gift Planning or your IRA plan administrator to make a qualified gift from your IRA to the University of Michigan.

Learn More

Jon Kinsey

Contact

Jon Kinsey
Chief of Staff

Michigan Engineering

(734) 647-7099

2466 LEC

the ISS overlooks aurora borealis

More than $5M to improve solar storm forecasts

U-Michigan researchers play lead roles in national effort funded by NSF, NASA. | Medium Read