REQUIRED MINIMUM DISTRIBUTIONS

GIVE AND SAVE: If you are required to draw a mandatory distribution from your IRA at age 70 ½ years, a direct contribution to Shelby Community Foundation could reduce your income tax liability.  A Required Minimum Distribution (up to $100,000) paid directly to a qualified charity is excluded from gross income and therefore, not taxed.  Your donation whether large or small will help.  Please consult with your tax advisor for more information.

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