The legal limit for donations to federal candidates is much higher than advertised

Have you ever wondered why Presidential candidates can hold fundraisers that charge $25,000 for admission when the legal limit is $2,500 for the general election? Here is the answer from the Associated Press.

“Presidential candidates can raise up to $50,800 from an individual donor as long as the money goes into a special fund that divvies up the proceeds among the candidate’s campaign, his national party, state or local party committees and any other political committee.” (Source: http://lubbockonline.com/election/2012-06-07/what-40000-gets-you-presidential-fundraising#.T_8FOY4rzMM)