Gift Legacy eNewsletter 10/19/22

IRA Charitable Rollover A Sweet Choice 

If your IRA is life’s dessert, the thought of paying taxes on a distribution you would rather not take may leave a sour taste in your mouth. It does not have to.

There is a sweeter choice. Rather than take the required minimum distribution, call your IRA administrator and ask them to gift all or part of the RMD to Hartnell College Foundation. Make sure the distribution comes directly to our mission and not to you. When you do, you:

• Do not pay income tax on the distribution
• Satisfy your RMD up to $100,000

To learn more, please contact Jackie Cruz at jcruz@hartnell.edu or at (831) 444-2446. We would welcome the opportunity to answer further questions and work with you and your advisors.