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IRA Providers Give Thanks to IRS

By Mark Smith , Dan Buchner and Adam Cohen On November 23, 2010, the IRS issued Rev. Proc. 2010-48, providing helpful guidance regarding the amendment and approval of prototype IRAs for a host of statutory changes. With demographic changes driving the growth of IRAs over the next decade, the sensible...

Morrison & Foerster LLP: Charitable IRA Rollover Provisions Set to Expire

By Genevieve M. Moore , Morrison & Foerster LLP Since 2006, individuals age 70 ½ and older have had the ability to donate as much as $100,000 from their traditional individual retirement accounts (IRAs) and Roth IRAs to charity, annually, and exclude the donations from taxable income. The...