Required minimum distribution
December 8, 2017
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Early December is a good time to plan carefully and put in place gifts to those ministries you value. For some of us ‘vintage’ folks, we are required to take from our IRA’s (Individual Retirement Account)
V A very efficient giving strategy is giving an appreciated asset from that account, such as stocks or mutual funds directly to your church or ministry. You don’t sell it, pay taxes on the gains and then end up with a smaller amount to give.
M I love to see more dollars going to faith based groups and our churches. Jesus work on earth is critically important. Plan and maximize your giving.