IRA Rollover

The Pension Protection Act of 2006 allows for tax-free distributions to non-profit charitable organizations from Individual Retirement Accounts (IRA). An IRA participant, aged 70 and a half, can donate $100,000 for each calendar year from an IRA account tax-free to qualifying charitable organizations. CFIS-AIA is a qualifying non-profit organization and would welcome your IRA distribution.

Please consult with your financial advisor or attorney regarding this option to determine what is best for you and your situation.