In December 2019, President Trump signed into law several changes to the rules regarding retirement accounts such as 401(k)s and IRAs. Congress named the legislation the “SECURE Act,” which stands for the “Setting Every Community Up for Retirement Enhancement Act.” Some taxpayers may feel a bit more secure with these changes in place, or at […]

Here’s a scenario: You’re enjoying retirement, and life is good. You’re taking your annual required minimum distribution (RMD) from your individual retirement account (IRA), but that money isn’t critical to your lifestyle. It would be great to have another option instead of paying taxes on that withdrawal. That’s where Duke comes in. A charitable IRA […]

With a charitable IRA rollover, you may be able to make a tax-wise gift to Duke to support students, schools or programs that you care about most. When you make a gift through a charitable IRA rollover, you can: Count the gift toward your annual IRA required minimum distribution. Reduce your taxable income. Use tax-deferred […]

The first house calls James R. “Jim” Urbaniak M.D.’62 made as a doctor were for Mary and Eddie Cameron. The last house calls he made were for Tom Butters. For more than half a century, Jim and his wife, Martha “Muff” Shawger Urbaniak B.S.N.’67, have been devoted to Duke blue. For those not familiar with […]

Tax incentives for philanthropic gifts to charity may have decreased under the Tax Cuts and Jobs Act of 2017, but creative donors are still finding ways to maximize tax savings while supporting charitable causes. Our Blueprints blog three-part series — “3 tax reform charitable giving strategies” — highlights philanthropic options in light of the latest […]

As an associate director of gift planning, I speak with a lot of Duke alumni and friends across the country about ways to support the university. Here are the four most common questions I receive from donors, alumni, and friends of Duke about planned giving: 1.  What is a planned gift and why should I […]