November 21 Teleconference Will Discuss IRA Charitable Rollover, Other Changes in Tax Code
November 1, 2006
Great Barrington, MA — The Berkshire Taconic Community Foundation is offering a free teleconference on November 21 from 3-4 p.m. about the new tax benefits of IRA charitable distributions and other recent changes in the tax code. The Pension Protection Act of 2006 allows individuals age 70 ˝ and older to transfer up to $100,000 from an individual retirement account (IRA) directly to a qualifying charity without paying income tax. The presenter will be Attorney Janne Gallagher, vice president and general counsel for the Council on Foundations in Washington, D.C.
Participants must pre-register for the teleconference by visiting www.berkshiretaconic.org or by calling Pat Salvi at 413-528-8039.
“The Pension Protection Act is a “win-win provision for IRA holders and the charities they support,” said Jennifer Dowley, president of Berkshire Taconic. “For 2006 and 2007 only, individuals have the wonderful opportunity to give more for less.”
Berkshire Taconic Community Foundation builds stronger communities and improves the quality of life for all residents of the region it serves: Berkshire County, MA; Columbia County and northeast Dutchess County, NY; and northwest Litchfield County, CT. Each year we help thousands of donors achieve their philanthropic vision and hundreds of nonprofit organizations carry on their good work. For more information, please contact Berkshire Taconic at 271 Main Street, Suite 3, Great Barrington, MA, 413-528-8039, info@berkshiretaconic.org or visit www.berkshiretaconic.org.
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