IRA
The Emergency Stabilization Act, signed into law on October 3, 2008, provides an exciting, tax-smart charitable giving opportunity.Dominican University will make it easy to complete your gift by coordinating the IRA charitable distribution with your IRA custodian or financial advisor.
- You must be 70 years of age or older
- IRA transfers must go directly to Dominican University
- Distribution cannot exceed $100,000
Act now for the Greatest Benefit
This special IRA rule is available only until December 31, 2009.
Benefits are also provided to younger donors. IRA funds can be withdrawn and donated to a
charity without the 10% penalty for early withdrawals for those over the age of 59.
For assistance in completing a gift from your IRA or for more information, contact the Office
of Planned Giving at 708.524.6307 or email development@dom.edu.
“Everyone here - teachers and staff - have been so attentive. My financial aid lets me have breathing room. I can focus on my studies without worrying. It keeps me motivated.”
Garrett Flavin
Class of 2012
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