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FeedHow charitable giving can offset IRA conversion tax liability
February 3, 2010
When converting your IRA to a Roth IRA, talk to your advisor about offsetting your tax liability with charitable giving.
Estimate your tax liability as a result of the conversion, then offset it with a contribution to your donor advised fund.
You offset your tax liability in the year it is incurred, and have the flexibility of making charitable donations over a longer term.
If you don't have a donor advised fund and enjoy supporting nonprofits close to home and across the country, visit our web site. We make it easy to establish a fund, and your charitable giving becomes meaningful, effective and easy.
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