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Under the Pension Protection Act of 2006 (PPA), can’t I already transfer cash to charity from my IRA? How does CHIRA® differ? PDF Print E-mail

The PPA allows individuals, age 70½ or older, to transfer IRA cash to charity without any income tax or deduction. The funds transferred under PPA are forever lost to heirs. With CHIRA®, the funds are preserved for heirs. Charities can incorporate PPA gifts with CHIRA® plans to satisfy interest payments and/or premium payments.

 
 

Disclaimer

The CHIRA® program (patent pending), copyrights and trademarks are the intellectual property of CHIRA® USA, LLC. All rights reserved. The information set forth herein does not constitute an offer to sell or a request to buy any particular investment. Any particular charitable investment contemplated by the CHIRA® should be read carefully regarding any possible risks before investing. Consult your financial advisor or tax consultant regarding tax and charitable advantages. CHIRA®USA, LLC and CHIRA® USA Financial Services, LLC reserves the right to pursue any infringer,including insurers, agents, custodians and charities, of intellectual property rights to the fullest extent of the law and in their sole discretion. All insurance products related to the CHIRA® program are marketed exclusively through CHIRA®USA Financial Services, LLC. Registered agents of CHIRA® USA Financial Services, LLC are not remunerated as a result of the issuance of the promissory note or providing investment advice related to the self-directed IRA or the note issued therefrom.  PLR 200741016.
Deo Gratias