December 29, 2014

President Obama signed HR 5771 into law on December 19. As a result, a distribution from an IRA may be made directly from the IRA to Lutherans For Life (LFL).

Here are a few quick facts about this unique way to affirm life:

  • Taxpayer must be at least 70 1/2 years of age;

  • Distribution made directly to a qualified charity is not subject to tax nor does it create a tax deduction;

  • Distribution may be made until December 31, 2014, and are retroactive to January 1, 2014;

  • Provisions exclude SEPs (Simplified Employee Pension plans) and qualified salary reduction agreements such as 401(k)s, 403(b)s, 357s, etc.

  • Distribution must come directly from the IRA; therefore, the benefactor will have to initiate the gift with the IRA custodian.

If you have questions about how this type of gift or other donations could assist LFL please contact John Hawkins, our director of development, at or call 512.468.9777.