2010-2011 ira postcard, emu foundation

2
“The IRA Rollover was a wonderful means for us to support our endowed account in the College of Education. It provided us with a great way to increase our support of student research. ” Emeritus Professor Leah Adams, and her husband, Tim, are friends of Eastern Michigan University IRA Postcard--Adams FY11 1 12/17/10 3:47 PM

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2010-2011 IRA Postcard, EMU Foundation

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Page 1: 2010-2011 IRA Postcard, EMU Foundation

“The IRA Rollover was a wonderful means for us to support our endowed account in the College of Education. It provided us with a great way to increase our support of student research. ”

Emeritus Professor Leah Adams, and her husband, Tim, are friends of Eastern Michigan University

IRA Postcard--Adams FY11 1 12/17/10 3:47 PM

Page 2: 2010-2011 IRA Postcard, EMU Foundation

1349 S. Huron StreetYpsilanti, MI 48197

The U.S. Congress recently reestablished legislation that provides for the IRA Rollover provision. This gift planning option allows flexibility to make a significant distribution from an individual retirement account to a qualified charity – tax-free.

To learn more about the IRA Rollover or other planned gift options, please contact:

Susan Rink at (888)221-2249 or e-mail [email protected]

Office of Planned Giving | Eastern Michigan University Foundationwww.emufoundation.org/giftplanning

Benefits of IRA Charitable Rollover:• Support a favorite nonprofit organization• Help meet your IRA minimum annual distribution

requirement• Exclude the distribution from your taxable income

Requirements for an IRA Charitable Rollover:• Individuals age 70 ½ or older• Distributions may not exceed $100,000• Gifts can be made through December 31, 2011• Gifts made by January 31, 2011 may apply toward

your 2010 required minimum distributions

IRA Postcard--Adams FY11 2 12/17/10 3:47 PM