Individual Retirement Account Rollover and Distribution Options

If you have an Individual Retirement Account (IRA) and are looking for charitable options before the end of calendar year 2007, then please read the following....

Until December 31, 2007, all IRA owners who are 70½ or older can distribute up to $100,000 of the assets in their IRA to Volunteers of America Ohio River Valley — tax free!   This provision can help you meet your minimum distribution requirements for the year, while making a meaningful gift to Volunteers of America Ohio River Valley.

The distribution of these assets could reduce your gross taxable income or the taxability of your Social Security income.

To learn more about charitable giving options, please contact your financial advisor about IRA Rollover and Distribution Options.