Bronc Notes Bulletin Digest

To Current and Retired UT Pan American Faculty and Staff Age 70-1/2 or Over 

IRA Charitable Rollover Opportunities are Back … But Only for a Short Time

Via the American Taxpayer Relief Act of 2012 Signed into Law January 2, 2013  

January 31, 2013 Deadline to Reduce Your 2012 Federal Income Taxes

If you have an IRA containing pre-tax dollars, you can make gifts in January 2013 to your favorite charities … that may reduce the 2012 federal income taxes on any Required Minimum Distribution that you withdrew from your IRA in December 2012.  

December 31, 2013 Deadline for 2013 IRA Charitable Rollovers

You have until December 31, 2013 to direct that gifts be made from your IRA to your charities, gifts that can reduce the taxable portion of your 2013 Required Minimum Distribution.  

Special provisions apply; for more information please contact Cecilia Johnson in the Development Office.  

Cecilia Johnson, Director of Planned Giving
Office Phone:  956/632-2352   Cell Phone: 956/212-1693   Email:  cajohnson@utpa.edu