SAVE TAX $$$ -
Instead of taking the RMD payable to yourself, transfer your IRA distributions directly to Temple Beth Sholom
Dear Temple Members, Friends and Supporters:
If you are over 70 1/2 years old and have to take a Required Minimum Distribution RMD from your IRA, and if you want to donate to either the Temple Beth Sholom Endowment Fund (or any other TBS fund), you can save tax dollars by having part or all of your distribution go DIRECTLY to TBS. Doing so will reduce your CT taxes, and may also reduce your Federal taxes as the new Federal tax law will increase the number of people taking the standard deduction.
MUST act by December 31st to get this tax benefit for 2018.