Legislation to Make Permanent IRA Charitable Rollover Provision
Published on:
February 4, 2015
SIFMA, in a letter to U.S. House lawmakers on the Committee on Ways and Means, expressed strong support for legislation to make permanent the rule allowing certain tax-free distributions from individual retirement accounts (IRAs) for charitable purposes (H.R. 637).
SIFMA urges the Committee to pass the legislation in its current form to create certainty for charitable donors and recipients alike.