New tax law provides year-end opportunity
Dear Friend,
 Last evening, Congress approved legislation having significant tax implications.
For some friends of the Jewish Home who act quickly, a special benefit is still available in 2010.
If you are 70½ or older, the direct gift from your IRA to the Home in 2010 will provide the best tax benefits possible. This distribution will not be reported as income to you and no tax will be due on withdrawal. This is especially beneficial if you have not yet taken your required minimum distribution (RMD) for 2010.
For more information on this limited-time opportunity, please follow this link: http://www.jhslf.org/lifestyle-legacy-planning.htm or contact Daniel Hoebeke, the Home’s gift planning officer, by e-mail at dhoebeke@jhsf.org or call him at 415.406.1434.
Additional information about how the new law affects lifestyle planning and charitable giving can also be found at http://www.jhslf.org/lifestyle-legacy-planning.htm
Daniel Ruth
President & Chief Executive Officer
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