A provision that expired last year permits people age 70-1/2 to give money from their IRA to charities without incurring taxes could be reinstated.

There is a good chance that the government will restore a provision to IRAs permitting people age 70-1/2 or older to contribute up to $100,000 a year to a charity without incurring any tax consequences, The Wall Street Journal reports. In addition, the contribution counts toward the required minimum distribution.

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