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Holy Wisdom - An Ecumenical Benedictine Community

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  • About
    • Mission
    • History
    • Communities of Holy Wisdom
    • Sisters’ Community
    • Meet the Sisters
    • Prayer and Worship
    • Welcoming Guests
    • Care for the Earth
    • Staff Directory
    • Employment Opportunities
  • Join
    • Becoming a Sister
    • Benedictine Sojourners
    • Sunday Assembly
    • Oblates of Holy Wisdom
    • Friends of Wisdom Prairie
    • Ecumenical Center for Clergy Spiritual Renewal
  • Visit
    • Sunday Worship
    • Prayer
    • Meeting Spaces
    • Personal Retreats
    • Spiritual Guidance
    • A Day Away
    • A Weekend Away
    • Weddings
    • Memorial Services
    • Spirituality Programs
    • Environmental Education
    • Nature Trails
    • Building Tours
  • Support
    • #Giving Tuesday
    • Donate Online
    • Ways to Give
    • Volunteer
    • Planned Giving
    • Sustained Giving
    • Art exhibits
    • Poetry Book Benefits Monastery
    • Owen Gromme Artist Proofs
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Below you'll find a list of all posts that have been tagged as “Individual Retirement Account”

Opportunity knocks! Direct your IRA charitable rollover to Holy Wisdom

Janet Neurauter November 17, 2016 Benedictine Bridge, Support Leave a Comment

The IRA Charitable Rollover provision now allows individuals who have reached age 70½ to donate up to $100,000 to charitable organizations directly from their Individual Retirement Account (IRA), without treating the qualifying charitable distribution as taxable income. This is a great opportunity for individuals in their 70s to plan their charitable giving every year. A qualifying IRA rollover gift can count toward taking the annual required minimum distribution. This direct rollover provision first appeared in the Pension Protection Act in 2006 as a temporary measure. On December 18, 2015, Congress passed the PATH Act (Protecting Americans from Tax Hikes) making the provision permanent. The …

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charitable rollovercontributionfundsgift planningHoly Wisdom MonasteryIndividual Retirement AccountIRAsupport

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Holy Wisdom Monastery
4200 County Road M
Middleton WI 53562
608-836-1631, x100
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