Roth Conversion with Contribution to Donor Advised Fund

Shawn Powell

Details

Who: Someone who intends to give significantly over multiple years and has a significant percentage of their assets in IRA or 401(k) account types.

Why: It allows the movement of more dollars from taxable to non-taxable account types for the benefit of heirs, while claiming a tax deduction for the charitable contributions.

How: Contribute into a Donor Advised Fund account in the year of a Roth conversion


Considerations

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