Did You Know?
Support LVGH with Planned Giving
At the age of 70 1/2, you are required to take distributions from an IRA. Instead of creating a taxable event for yourself, consider making the distribution a charitable gift to Literacy Volunteers of Greater Hartford, using all or a portion of your mandatory withdrawal amount (up to $100,000 per person).
As long as the distribution is paid directly to LVGH from your IRA administrator, the amount will not be counted in your taxable income for the year, which may result in tax savings for you! For more information, please contact your financial advisor. For information regarding LVGH’s planned giving program, please contact Diane Klingman.
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