December is a great time to take advantage of the IRA Charitable Rollover law. If you are 70½ years old or older, you can make a gift directly from your IRA to a qualified charity like UUCP without having to pay income tax on the money.
This gift is great if:
You are 70½ or older
You want/need to satisfy your IRA’s minimum required distribution without generating taxable income
You are interested in transferring money directly from your IRA without penalty
You want to support UUCP
To make this donation, you will need to instruct your plan administrator to initiate a direct distribution to UUCP.