November 1, 2007
A Special Opportunity to Respond--
IRA Rollover Gift Option
We are each challenged to consider our personal response to God’s call to
be generous disciples. People answer this call in many ways, including
charitable contributions to the church. These financial gifts help breathe
life into our mission statement by playing a significant role in the effort to
make Zion a reality for people all over the world.
Thanks to new legislation by Congress, contributors to Community of Christ
in the United States who are 70 ½ or older have a special opportunity to help
share the peace of Jesus Christ throughout the world through gifts made from
IRAs (individual retirement accounts) during 2007.
If you are over age 70 ½, the federal government now permits you to
rollover any amount from your IRA to charity up to $100,000 in one year
without claiming any increased income or paying any additional tax. These
non-taxable distributions can be used to satisfy required minimum
distributions from IRAs.
The team of caring professionals in Estate and Financial Planning
Ministries will help in your efforts to align your legacy with your values as
a disciple of Christ. Contact us at
efpm@CofChrist.org, or call 1-800-884-7526 (1-877-526-7526 in Canada)
if you would like further information on making a gift to the church.
