Last Call for Directing Required Minimum Distribution from IRA to Charity
CAPT Chevalier Keith H. Larson, GCTJ, GMTJ
Chairman, Raymond Davis Foundation











As discussed in our last Beauséant, despite the tax changes of 2018, you can still save on your taxes by directing your Required Minimum Distribution (MRD) from your IRA to a registered 501 (c) (3) charity such as the GEN Raymond Davis Templar Foundation (RDF). If you are 70 ½ or older you must take that planned distribution before December 31st, or you face a significant tax penalty. If you choose to have the financial manager of your IRA send the funds direct to the charity of your choice, that distribution will not count as income, thus saving you on taxes. Be sure to talk to your financial advisor before attempting this; or call or text Chairman Keith Larson to discuss how this is done.

 

December 2019
Regular publication of SMOTJ GPUSA

In This Issue

  Words from the Grand Prior

  Required Minimum Distribution

  SMOTJ Scholarship Drive

  SMOTJ Jerusalem Mite

  ICRD Templar Update

  Operation Knight Flight Update

  Bridge Building Partnership

  Order of Merit

  Priory News

  Priory News (cont'd)

  Priory News (cont'd)

  Priory News (cont'd)

  GPUSA Calendar

Non Nobis, Domine, Non Nobis, Sed Nomini Tuo Da Gloriam ®

   
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