Bill · H.R. 2891· House(119-HR-2891)

IRA Charitable Rollover Facilitation and Enhancement Act of 2025

Age: 56 years

Nebraska

Introduced: 4/10/2025
Last activity: 4/10/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Adrian Smith
Cosponsors: - 24 - 18

Taxation

Introduced
In Committee

What this bill would do

This bill, known as the "IRA Charitable Rollover Facilitation and Enhancement Act of 2025," seeks to change the Internal Revenue Code of 1986. The primary goal is to allow charitable rollovers to move from individual retirement accounts directly into donor advised funds. It functions by striking specific restrictive language from the existing code. The changes would take effect for distributions made after the bill is enacted.

Yes· 3 of 6

Would people over 65 be better off under this?+5
The bill facilitates charitable giving through retirement accounts, which benefits individuals planning their legacy.
Would retired people be better off under this?+5
The bill increases flexibility for those using retirement accounts for charitable purposes.
Would people with substantial wealth be better off under this?+4
The increase in flexibility for charitable rollovers is particularly advantageous for high net worth individuals using donor advised funds.