Retirement is a time to take stock of the legacy you will leave. One way to ensure that what you’ve built over your lifetime will live on is by supporting a university dedicated to changing the world through groundbreaking research, life-changing educational experiences and cutting-edge science and mathematics.
If you are 70 ½ or older, you are required to distribute funds annually from your Individual Retirement Account (IRA).
Federal law allows taxpayers who meet the minimum age requirement to make direct, annual transfers of up to $100,000 from an IRA to charity without treating the distribution as taxable income.
This creates a win for all.
Click here to learn more or contact our Director of Gift & Estate Planning, David Jones, at djones@austin.utexas.edu or 512-475-6420.