Are you looking for a way to make a gift to the Foundation for Information Technology Education (FITE).
If you or someone
you know is 70 1/2 Years Old - Congress
has opened the season on tax savings for 2013. An amount up to $100,000 may be transferred to the Foundation through December 31, 2013.
Like many others
AITP/DPMA members, your Individual Retirement Account (IRA) has probably increased
in value over the years. At age 70 1/2
you must begin taking distributions from your IRA whether or not you need this
If your income needs
are met, why not consider making FITE the beneficiary of your IRA income
payout. It’s a very simple process. Just contact your custodian and request that
all or part of your distribution amount be transferred to FITE. The Foundation receives a nice gift for
education and you avoid the
additional tax burden from these distributions.
The IRA rollover
gift is simple and easy with a way to provide FITE without increasing your
Click here for more
information about the Foundation and how you can make a difference through your
FITE is a fully
qualified 501(c) (3) not-for-profit organization. Gifts and grants to the
Foundation are exempt from federal income tax, under section 501 (c) 3,
Internal Revenue Code. Any major gift from you will greatly enhance our future
efforts and also comes with substantial tax benefits.