It's No Secret

Are you a baby boomer who is now required to make annual, Required Minimum Distributions (RMD) from your 401(k) or 403(b) retirement account? These distributions are taxed as income, but they become tax-deductible if they are donated to the RFC.

Did you know that the charitable gift tax-deduction benefit is at risk in the proposed new tax plan, thus RFC donors who can afford to give stock may have one, final opportunity, before the turn of the year, to receive the maximum tax benefit by giving vastly appreciated stock which the RFC can sell without paying any tax to the Trumpites? Robert Meeropol explains more about how both donors and the RFC can benefit before potential changes in tax law take affect, in the blog here.

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