Pension Protection Act of 2006 Brings Retirement Tax Breaks and New Restrictions on Charities
The Pension Protection Act of 2006, signed by President Bush on August 17, 2006, includes the following provisions that may be of interest to our estate planning clients: Direct Contributions of Individual Retirement Accounts to Charity During calendar years 2006 and 2007, a person age 70½ or older may make…