Example: Jeff, who is 73, has a large IRA. He knows that except for 2020 he must withdraw a required minimum distribution from that IRA and pay taxes on the amount he withdraws. Jeff decides to have his IRA manager send his required minimum distribution (RMD), or some part of that distribution up to $100,000 a year, directly to TMI. Jeff knows he will avoid the taxes that he would otherwise have to pay on the amount he gives.
MISSION: TMI provides an exceptional education with values based on the teachings of Jesus Christ that challenge motivated students to develop their full potential in service and leadership.
NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS Texas Military Institute (dba TMI Episcopal) admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.
TMI Episcopal 20955 W. Tejas Trail San Antonio TX 78257 phone (210) 698-7171 fax (210) 698-0715