"The blessings of God in Christ are ongoing and everlasting. Our endowment gift through The Lutheran Hour Ministries Foundation will provide ongoing support to continue this Gospel ministry beyond our lifetimes."

-W.T., Farmington, Connecticut

IRA Tax-Free Gift Opportunity
Important Guidelines

• You can only make gifts under the new law in 2006 and 2007.
  
• To take advantage of the tax-free gift opportunity, do not take a distribution and then make a gift. You must complete a gift to LHM by providing your IRA administrator with a letter of request for a charitable rollover from your IRA. LHM can provide you with a sample letter and directions for submitting your request. A copy of your request letter should also be sent to LHM so that your gift can be properly credited.
  
  
• The annual gift limit is $100,000 to all charities per person.
  
  
• You must be 70 ½ by the gift date to be eligible for the IRA gift opportunity.
  
  
• The rollover gift will not be included in your income for income tax purposes. And the rollover gift is not tax deductible.
  
  
• The rollover gift is not considered part of your 50 percent adjusted gross income (AGI) charitable deductions for the year.
  
  
• The new rules apply only to outright lifetime transfers from IRA owners and are not applicable to transfers after the owner’s death.

For additional information or for a sample copy of an IRA Rollover Request Letter, please contact Lutheran Hour Ministries' Ministry Advancement Officers at 1-877-333-1963 or send an e-mail to lhm-gift@lhm.org.

These materials do not constitute tax or legal advice and are offered for illustration purposes only. You are always encouraged to consult your own financial or legal advisor.