Legacy Workshop: Four Ways to Give from an IRA
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Virtual Workshop
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One of the most common retirement planning tools is the Individual Retirement Account (IRA). Approximately 80% of Americans have one. Qualified retirement plans, such as the IRA have been popular because they are funded with pre-tax dollars, enabling employees to build their nest egg and defer ordinary income tax until they begin to receive their distributions.
This strategy can become challenging for retirees who are required to receive income from their IRA whether they need it or not and may elevate them into a higher tax bracket. Since many retirees take the standard deduction vs. itemizing, it can be difficult for them to solve tax challenges and have enough cash to fund their lifestyles.
The good news is that the IRS has provided four ways that a person can give from their IRA to alleviate taxes for themselves and ultimately their heirs.
If you are or are near 70 years old, you’re invited to join a virtual workshop on Thursday, May 8, at 7:00 pm, hosted by RDCI and presented by our ministry partner, Tim Deatrick.
After registering, please check your email for the Zoom Link and Seminar Workbook.
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Legacy Workshop: Four Ways to Give from an IRA
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