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INDIVIDUAL RETIREMENT ACCOUNTS

If you are 70.5 or older, you are required by law to a Required Minimum Distribution (RMD) of your IRA every year. There is a new law that allows you to give directly from your IRA to a charitable organization tax-free! Only by directly donating to a charity can you avoid claiming the distribution as taxable income.

Contact the Parish Office at 858-748-5348 with any questions or if you need more information.

 

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