Important News Regarding IRA Rollovers
The IRA charitable rollover legislation passed by Congress has been signed by the President. This law extends the IRA charitable rollover retroactively for 2015 and makes it permanent. To take advantage of the extension for 2015, donors need to arrange a direct transfer from their IRA to an eligible charity like St. Louis College of Pharmacy by Dec. 31 to count against their required minimum distribution for 2015.
Direct transfers from IRAs to an eligible charity made earlier in 2015 in anticipation of the IRA charitable rollover being extended will also count. To qualify, the IRA owner must be age 70½ or older, the annual limit is $100,000, and donor-advised funds and supporting organizations are not eligible.
As the IRA charitable rollover now has no expiration date, donors will have the ability to plan their IRA required minimum distributions with the knowledge that the charitable IRA rollover is available.
Educating Future Pharmacy Pioneers
Building on our rich history and prestigious reputation, the College is taking bold steps to highlight our role as a recognized health care leader that is globally prominent in pharmacy education, interprofessional patient-centered care, and collaborative research.
The continuing success of the College is possible because of support from our alumni and friends. Join us as we help future pharmacists explore life-changing careers in the health care profession.