Blog

Have You Rolled Over Yet?

Here’s a great way for you to make a huge difference in the future of the Beefmaster breed through your foundation and be a significant recognized donor to the Foundation for the Future Endowment Campaign before the end of the year.

If you are at least 70 ½ years old, you can transfer up to $100,000 directly to the Beefmaster Educational Endowment Foundation (B.E.E.F.) for education and research in our breed from a traditional or Roth IRA without paying income tax on the withdrawal — and help meet your required minimum distribution … annually! In addition, you can deduct the entire amount from your annual gross income … a tremendous benefit to you and to your breed!

To discuss your IRA Charitable Rollover, simply notify your IRA Administrator or contact us at either:

Roger Fuller – Campaign Finance Director

1955 CR 106, Paige, TX  78659-4210

[P] 512-659-5428 * [F] 888-870-2404

rfuller2316@gmail.com

 

Gerald Galbraith – Campaign Special Gifts Coordinator

1802 Elmwood, Abilene, TX  79605

[P] 325-829-3883 * [F] 325-676-1808

gerald.galbraith@wfadvisors.com

 

Bob SiddonsNational Campaign Co-Chair

724 Vanguard, Lakeway, TX  78734

[P] 512-261-5327

rcsiddons@gmail.com

 

###

 

B.E.E.F. is not engaged in rendering legal or tax advisory service. For advice and assistance in specific cases, the services of an attorney or other professional advisor should be obtained. The purpose of this article is to provide general gift, estate, and financial planning information. Watch for tax revisions. State laws govern wills, trusts, and charitable gifts made in a contractual agreement. Advice from legal counsel should be sought when considering these types of gifts.

This entry was posted in General. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*