Common use of Xxxxxxxxx Charitable Distributions Clause in Contracts

Xxxxxxxxx Charitable Distributions. If you are age 70½ or older, you may take tax-free inherited IRA distributions of up to $100,000 per year and have these distributions paid directly to certain charitable organizations. Special tax rules may apply. For further detailed information, you may obtain IRS Publication 590-B, Distributions From Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 5 contracts

Samples: Stifel Account, Stifel Account, Stifel Account

AutoNDA by SimpleDocs

Xxxxxxxxx Charitable Distributions. If you are age 70½ or older, you may be eligible to take tax-free inherited IRA distributions of up to $100,000 per year and have these distributions paid directly to certain charitable organizations. Special tax rules may apply. For further detailed information, information you may obtain IRS Publication 590-B, Distributions From from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 4 contracts

Samples: Individual Retirement Custodial Account Agreement, Adoption Agreement, Individual Retirement Trust Account Agreement

Xxxxxxxxx Charitable Distributions. If you are age 70½ or older, you may take tax-free inherited IRA distributions of up to $100,000 per year and have these distributions paid directly to certain charitable organizations. Special tax rules may apply. For further detailed information, information you may obtain IRS Publication 590-B, Distributions From from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 2 contracts

Samples: Individual Retirement Custodial Account Agreement, Adoption Agreement

AutoNDA by SimpleDocs

Xxxxxxxxx Charitable Distributions. If you are age 70½ or older, you may take tax-free inherited IRA distributions of up to $100,000 per year and have these distributions paid directly to certain charitable organizations. Special tax rules may apply. This provision applies to distributions during tax years 2012 and 2013 and may apply to subsequent years if extended by Congress. For further detailed informationinformation and effective dates, you may wish to obtain IRS Publication 590-B, Distributions From Individual Retirement Retire- ment Arrangements (IRAs), from the IRS or refer to the IRS website web site at xxx.xxx.xxx.

Appears in 1 contract

Samples: www.stifel.com

Time is Money Join Law Insider Premium to draft better contracts faster.