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Charitable IRA Rollover

A new law offers a tax planning strategy to manage charitable distributions from individual retirement accounts.

This is a very sensible option for many of our alumni and friends. Please consider the following:

  • You must be 70.5 years of age.
  • Tax benefits apply to gifts up to $100,000 per year.
  • The provision expires December 31, 2009.
  • The amount must be in the form of an outright gift.
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A Window of Opportunity

Professor takes advantage of new legislation to give to Cornell

Learn how Professor Don Farley '56, PhD '60 used the new law to help him give back to Cornell.

 

 

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Continuing a Family Tradition

Find out why Dr. Richard Drumm DVM '51 gave from his IRA and discover how it might work for you.

More information about the new law:

Get more information