Did you know you can donate to Voyageurs National Park Association through your IRA? IRA owners over 70 ½ again may make direct transfers from their IRAs to qualified charities including Voyageurs National Park Association. Congress and the President late last week enacted tax legislation making the IRA rollover permanent. IRA charitable rollovers – direct transfer of up to $100,000 per year - are tax-free and not included in adjusted gross income. An IRA rollover may fulfill part or all of your required minimum distribution (RMD). The rollover provision is retroactive for all of 2015; any direct transfers made during this year qualify. There is still time for a 2015 transfer – you need to act soon.
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