Important IRA Information:
If you haven’t made an IRA Rollover gift already in 2017, you must do so by December 31st to get tax-free beneﬁts this year.
Anyone 70 ½ years and older can make a tax-free IRA rollover gift to Lyric Opera of up to $100,000. You may use your “required minimum IRA distributions” to make these gifts if you haven’t taken them already for 2017. Under the law, your IRA funds transferred to Lyric will not be taxable to you as income.
Great tax-free beneﬁt for those who don’t itemize.
If you are not yet age 70 ½, you can still take an itemized charitable deduction for an IRA donation to offset it being taxable as income.
WE URGE YOU TO CALL YOUR TAX ADVISOR WITH QUESTIONS.
Lyric’s Senior Director of Planned Giving, Jonathan Siner, can be reached at (312) 827-5677 or firstname.lastname@example.org
About the Overture Society:
As a patron of Lyric Opera, you are already passionate about opera in general and about Lyric in particular. Eagerly anticipating each season, you treasure your time in the Ardis Krainik Theatre, fully immersed in spectacle and lost in song and story.
All of Lyric Opera's elements – our artists, chorus, orchestra, technicians, and administrators - are interdependent, contributing to Lyric’s worldwide reputation of excellence. The most crucial part of Lyric, however, is you! A vital component of Lyric's future is its group of donors who have included Lyric in their estate plans, known as The Overture Society.
The Planned Giving Department is ready to help you fulfill your wish to leave a planned gift to Lyric, and to become a treasured member of The Overture Society. Senior Director of Planned Giving, Jonathan Siner, may be reached at 312-827-5677, or email him at email@example.com. Rachel Peterson,Planned Giving Coordinator, may be reached 312-827-5696 or firstname.lastname@example.org.
See below for more information on The Overture Society and all of the wonderful benefits you will receive for your generosity! Leaving a gift to Lyric is truly leaving a beautiful legacy that will be enjoyed by thousands for years to come.