Women’s Hall solicits IRA contributions

Supporters of the National Women’s Hall of Fame who are at least 70½ years old are being asked to consider making a contribution to the Hall by transferring funds directly from their Individual Retirement Account.

Betty Bayer and Eileen Hartman, co-presidents of the Hall Board of Directors, say The Protecting Americans from Tax Hikes Act of 2015 allows those 70½ or older to transfer funds to the Hall directly from their IRA.

“These transfers will not be recognized as taxable income and they can count toward the minimum IRA distributions that the government requires you to make annually,” said Bayer in a recent news release.

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