Community Foundation of Greene County plans IRA seminar
Community Foundation of Greene County will host a free seminar at 6:30 p.m. Wednesday in the CFGC Foundation Room at 106 E. High St., Waynesburg.
The seminar will focus on sharing information about a new option for IRA owners that can help reduce their income tax, while allowing them to donate to their favorite charities.
Tom Milinovich a certified public accountant with Milinovich & Co. Inc., a registered investment adviser, will present an overview of the new tax benefits and options for IRA owners and beneficiaries who are 70 1/2 and required to take a required minimum distribution through the Qualified Charitable Distribution.
Milinovich said that even though 70 1/2-year-olds are required to take a minimum distribution from their IRA, not everyone needs that money. The new rule allows them to make a charitable gift to one or more charities directly from their IRA using some or all of their required minimum distribution. Space is limited and registration is required. To register, call 724-627-2010 or email cfgcpa@gmail.com.
For more information about the seminar, call the CFGC office at 724-627-2010.