Once you turn 70 ½, you can use the IRA charitable rollover provision to make a tax-free donation to Southern Legal Counsel. Tax laws allow you to transfer up to $100,000 to a charitable organization like Southern Legal Counsel without paying income tax on the distribution. You do not need to itemize on your tax return to receive the tax free benefits as no taxable income is generated. Also, the charitable rollover can satisfy all or part of the required minimum distribution.
Also, please consider naming Southern Legal Counsel as a beneficiary to continue to support our mission in the future.