Jun 01, 2016
ABC’s hit reality show Shark Tank draws in millions of viewers each week. The show’s allure is marked by creativity, innovation and the stories each aspiring entrepreneur brings with them - many including business failures and personal loss. These stories strike a chord with the panel of “shark” investors because they know what it feels like.
In fact, one of the show’s investors recently authored a New York Times best seller called The Power of Broke. It’s his story of going from selling home-sewn t-shirts on a $40 budget to building a $6 billion business. His own personal struggles now motivate him to help others who are working toward something more.
While your Friday nights probably don’t include cameras and a sound stage, you have more in common with a “shark” investor than you may realize. We’re all invited to look back on our lives, recount struggle, brokenness or debt and see how the Lord has brought us into a place of abundance. You have an opportunity to bless and provide for those who are living where you once were. Hebrews 13:16 reminds us “Do not forget to do good and share with others, for with such sacrifices God is pleased.”
Did you know it’s easier than ever to bless the ministries you care about with your retirement assets? Because they’re often the most taxed portion of an Estate Plan, more people are financially blessing their heirs in other ways and investing retirement assets into the cause of Christ instead. But what about a gift you can give today?
As of December 2015, a permanent extension of the IRA Charitable Rollover has been signed into law. This allows individuals ages 70½ and older to donate IRA assets to a qualified charitable organization like Bethany Christian Services. This means:
• Individuals may make special gifts to charity without any federal tax liability.
• Gifts are tax-free up to $100,000 per year and qualify for all or part of your Required Minimum Distribution.
• It’s retroactive to January 1, 2015.
You can invest in helping others move from brokenness to abundance in Christ. Consider a gift of retirement assets today.
Learn more about including Bethany in your Will: bethany.org/Legacy.