- Current IRS Discount Rates for June 2013
- Rates Effective January 1, 2012 To Remain the Same as of 4/15/13
- ACGA's Statement Regarding the House’s Tax Reform Bill
- American Council on Gift Annuities and the Partnership for Philanthropic Planning Respond to Recent Securities and Exchange Commission Fraud Case Involving CGAs
- Conrad Teitell Speaks to the Committee on Ways and Means on Behalf of ACGA
Legislation Affecting Charitable Gifts
Last Updated on Friday, 01 July 2011 02:04 | 
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The American Council on Gift Annuities, along with charitable organizations throughout the country, has advocated legislation allowing individuals to make tax-free gifts from Individual Retirement Accounts and other retirement plans. This legislation has not yet passed. Currently, withdrawals from such retirement plans are taxed as earned income. However, the charitable tax deduction and favorable tax treatment of gift annuity payments might still make sense to an individual who would like to support a favorite charity and receive a life income.
