Muskegon, MI - Feb. 1, 2007 PENSION LAW PROVIDES FOR CHARITY. Since 1974, millions of Americans have saved billions of pre-tax dollars in individual retirement accounts (IRAs). Thanks to continued savings and investment returns, an estimated $3.6 trillion is currently invested in IRAs, and the total continues to grow. In August 2006, a federal law was enacted allowing IRA owners to share the wealth of their retirement savings by giving directly to charity—without first counting it as income and paying income tax. more... Muskegon, MI - Feb. 1, 2007 FOUNDATION ANNOUNCES GRANT AWARDS. On October 29, 2007, the Board of Trustees of the Community Foundation for Muskegon County met and approved grant awards to a variety of community organizations in support of projects throughout the Muskegon region. A combined total of $130,925 was awarded from a variety of funds that make up the Community Foundation portfolio of assets. more...
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