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For over 15 years, individuals over the age of 70½ have been able to make tax-favored gifts directly from their individual retirement accounts outright to charities. These IRA owners are now eligible to make a once-in-a-lifetime deferred gift of up to $50,000 directly from an IRA to a charity for a charitable gift annuity (CGA) or to a charitable remainder trust (CRT).1 The distribution will be excluded from the IRA owner’s taxable income as a qualified charitable

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