Giving to Reed
IRA Rollover News
Now is the Time: make a gift to Reed from your IRA and save taxes.
On January 1, Congress passed the American Taxpayer Relief Act of 2012, which included an extension of the IRA rollover provisions for 2012 and 2013. Those 70.5 or older with a traditional or Roth IRA can gift their minimum required distribution (or more) directly to Reed and avoid paying income taxes on up to $100,000 of the distribution.
Contact Kathy Saitas, director of planned giving, at 503/777-7573 or plannedgiving@reed.edu to learn more about the rollover provision and other creative ways to craft a gift that is good for you and good for Reed.