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Planned Giving News

Sunday May 19, 2019

Exciting events are happening at United States Olympic and Paralympic Foundation
Giving News
Thank you for your interest in United States Olympic and Paralympic Foundation. Our hope is to serve you and your family with helpful information.
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The Long-Term Care Benefit Many Veterans Are Missing Out On
Savvy Living
I have heard that the VA has a benefit that can help veterans and their spouses with long-term care costs. We recently...
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Senators Thune and Casey Support CHARITY Act
Washington News
On May 15, Senators John Thune (R-SD) and Bob Casey (D-PA) introduced the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act. The bill expands giving options for IRA charitable rollovers and addresses other charitable provisions. The CHARITY Act includes four major provisions. If it is passed by the House and Senate and signed by the President, it would generally permit donors over age 70½ to transfer up to $100,000 per year directly from an IRA to a donor advised fund. Second, the act would simplify the excise tax paid by private foundations on investment income. Volunteers who drive their vehicles on qualified charitable trips can currently deduct $0.14 per mile. That charitable mileage amount would be increased to the same rate as is currently permitted for medical and moving expenses. The medical and moving expense rate for 2019 is $0.20 per mile....
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Important Life Decisions
Personal Planner
"How can I plan?" asked Mary. "We just sold our home and bought a retirement condo. Our older child just moved across...
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