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A periodic e-newsletter from The University of Iowa Foundation about trends and issues affecting charitable gift planning
Welcome to our eleventh issue, with a focus on using IRA assets for charitable giving.
News Bulletin: Special legislation allows tax-free charitable gifts from your IRA
Thanks to the success of tax-deferred investments within qualified retirement plans, many people have found that they have sufficient funds for retirement and that they will probably have funds left for distribution to heirs and charitable causes they wish to support. Now, under the Pension Protection Act of 2006, you may be eligible to make a gift from your IRA while you are living without incurring undesirable tax effects.
Planning matters
The UI Foundation's Susan Hagan discusses using IRA assets as a philanthropic tool -- particularly in light of the Pension Protection Act of 2006.
Using retirement funds to honor a friend's retirement
Duane "Bud" Vieth (1947 J.D.) found that using part of his IRA funds was the perfect way to meet his philanthropic goals.
A word about IRA gift wording
If you have designated the UI Foundation as a beneficiary of retirement assets, or are considering doing so, please refer to these instructions for proper designation language and procedures.
"Protecting Your Health and Your Wealth"
Join us Friday, October 6, for a free seminar, Protecting Your Health and Your Wealth. Presentations at the seminar include "(Why) Are Prescription Drugs So Costly?" and "Medicaid for Facility and Waiver."
Sign up for our free Creative Estate Planning course
This free home-study course -- designed to teach you the basics of estate planning, wills, trusts, and gift and estate taxes -- offers estate-planning ideas and peace of mind.
From the Reading Room
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Use your IRA as never before
Some timely tips on using your retirement assets to support a charitable organization.
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Preserve your retirement plan assets
Do you have an IRA, a tax-sheltered annuity, or an employee benefit plan? Huge growth in these retirement assets results in an estate more vulnerable to taxation. Discover a way to remove this tax burden while aiding a worthy cause.
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Free e-brochures provide valuable lessons
If you have questions about wills, life insurance, or any other estate planning topics, our free e-brochures have the answers.
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September 2006
Issue 11
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What's old is new again for the Hawkeyes!
The UI community came together on September 1, 2006, to rededicate historic Kinnick Stadium after an $86.8 million, two-year renovation project.
The celebration included the dedication of the new Krause Family Plaza on the stadium's south side along Melrose Avenue, and teammates of 1939 Heisman Trophy winner and stadium namesake Nile Kinnick (1940 B.A.) unveiled a new statue of Kinnick. See more photos of this once-in-a-lifetime event!
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