EPIC Retirement Plan Services
Loren D. Stark Company
Randall & Hurley, Inc.
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|2021 Is the Last Year for Retirement Plan Unlimited 'Quasi-Rollover' to Charity|
Thompson Coburn LLP
June 25, 2021
"The COVID Relief Act passed by Congress and signed by the President on December 27 extended the unlimited charitable contribution for cash gifts to most public charities through the end of 2021. This creates an important once-in-a-lifetime opportunity to move substantial amounts from retirement plans to charity beyond the $100,000 qualified charitable rollover already allowed to IRA owners without adverse income tax consequences."
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