This Web site is intended to help you make the right decision while you are considering a planned gift to Wagner College. It features an introduction to gift planning; a description of ways of making planned gifts; the membership of the Heritage Society (those who have included Wagner in their gift planning); issues of the newsletter, Legacy; and the members of the Planned Giving Advisory Committee. The best place to begin is on the following page: What is Gift Planning?
IRA Charitable Rollover Extended
The just- passed and signed tax bill includes an extension of the IRA Charitable Rollover that was part of the Pension Protection Act enacted in 2006 and extended two years later. For this year and next, persons aged 70.5, or older, can exclude from gross income up to $100,000 of distributions from a traditional or Roth IRA if those distributions are used to make charitable gifts to institutions like Wagner College. Although the donation cannot be used as a charitable deduction, it will qualify for satisfying in whole or in part, the annual minimum distribution requirement. This provision expires on December 31, 2011. Contact Frank Young, director of major gifts by e-mail or by phone (718) 420-4494 to learn more.
Information contained in this Web site should not be considered legal, accounting, or other professional advice. Individuals considering a planned gift should consult with their attorney, tax person or financial advisor.
