This entry was posted on Tuesday, November 4th, 2008 at 10:28 am and is filed under Birds in flight, Wildlife decor. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Sometimes It Pays To Be Older
November 4, 2008
Should you have an IRA and are approaching 70 years old, you might want to read Ducks Unlimited, November 2008, page 29. DU has an article that explains tax benefits for US citizens 70 1/2 years and older. “At age 70 1/2 years, you must begin taking distributions from your IRA whether or not you need this additional income stream.”
For relief, Congress has approved a gift method using your IRA.
The value of the increased distributions can be used as a donation. For example, Ducks Unlimited can use the gift toward waterfowl conservation and the donor avoids an additional tax burden from these distributions.
Check it out! . . . And support the sport of hunting wild ducks and geese.
One Response to “Sometimes It Pays To Be Older”
Leave a Reply
You must be logged in to post a comment.
November 11th, 2008 at 6:36 am
Sometimes It Pays To Be Older | Wildlife Wall Decor…
I most definite that this site can give you the very best that nature can show. With all of its offering of wild life wall decors, you sure can get the very best that will let you have the feel of true wildlife!…