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  • Your required minimum distribution (RMD) is the amount you must withdraw from your account each year. You generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 70½. This required withdrawal can be gifted to Emunah during your lifetime, and will qualify for a tax deduction, instead of being considered income on your tax return.
  • Roth IRAsdo not require withdrawals until after the death of the owner.

IRA’s can be designated as a gift in your will, eliminating any estate and federal tax liability for your heirs.

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6 Arlozorov Street, POB 7788, Jerusalem 9219301

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