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Colorado Neurological Institute (CNI)
701 East Hampden Ave.
Suite 330
Englewood, CO 80113
(303) 788-4010
(303) 788-5469 fax
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News and Updates

Charitable IRA Rollover

If you are age 70 ½ or older, new legislation now allows you to make cash gifts totaling up to $100,000 a year from your traditional or Roth IRA to qualified charities without incurring income tax on the withdrawal.  This is positive news for individuals who want to make a charitable gift during their lifetime from their retirement assets, but have been discouraged from doing so because of the income tax penalty.  The provision is effective for tax years 1006 and 1007 only, so you must act by December 31 to take full advantage.  Contact us for more information.

 
 
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