Every week Kelley Greene’s Focus on Retirement Segment in the Wall Street Journal is excellent, this week is no exception. If anyone has any money left their IRA and would like to donate it to a charity…here are some details.
http://online.wsj.com/article/SB122489075823068591.html
Basically what it says is if you are 70 1/2 or older you can donate up to $100,000 per year from your IRA tax free to a qualified charity. The same does not hold for a 401(k) or 403(b) and you MUST BE 70 1/2.
