IRAs, RMD, Will, Charitable Gift Annuity or Estate Planning Vehicles

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If you have an IRA and have not started taking your distributions yet, you will eventually have to, even if youdon't need the income. And you'll have to pay taxes. There is no getting around these "required minimum distributions" or RMDs.

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If you don't need the income (and especially don't want to pay the related income tax), the IRS allows you to avoid RMDs by making a "qualified charitable distribution" directly to your favorite cause. Contact us to learn about this tax-efficient way to give.

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You can also support the future of the Friends of the Bedford Animal Shelter through your will, charitable gift annuity, or other estate planning vehicles. Contact us at info@friendsofbedfordanimalshelter.org