Good news: some of our elder supporters may be able to reduce their taxable income for 2013.
Individuals 70 ½ years or older who are required to withdraw a minimum distribution from their IRA can instead instruct their financial manager to make a distribution directly to KNOM, thus reducing taxable income. (Be sure to check with your accountant to see if your gift would qualify.)
The Tax ID number for KNOM, a 501(c)(3) charity, is 27-0518406. If interested, please notify our business department so we may issue a proper receipt for your direct IRA distribution; email [email protected] or call 907-443-5221. We’ll be happy to help!
This article is part of the November 2013 edition of our newsletter,
The Nome Static.