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Tag: Congress

What does Asian Pacific American Heritage Month mean to me?

Posted on May 27, 2021, by

Irene Strohbeen (highlighted) and her 5th grade class. By Irene Strohbeen, Community Foundation for the Fox Valley Region volunteer Growing up in the 1960s and 70s in Urbana, Ill., without an Asian American community, I struggled to grasp what the Chinese American part of my identity meant to me. We were children of Chinese Filipino […]

Giving from IRAs is back to stay

Posted on Dec 21, 2015, by

It comes down to the wire every year, but in 2015 the result was a little different. Congress has again reauthorized direct charitable gifts from IRAs. For someone at least age 70 ½ who doesn’t need a required distribution to meet his or her personal needs, giving to a favorite charity directly from an IRA […]

Charitable use of IRA is a nailbiter

Posted on Dec 18, 2014, by

It seems like season-ending cliffhangers have become as much a part of legislating charitable IRA distributions as they are for bad TV dramas. Once again this year, Congress waited for the final reel to save charitable distributions from IRAs from certain death. If you are at least age 70 1/2 and have a traditional (not Roth) IRA, you […]