Gifts of Retirement Assets – Donating part or all of your unused retirement assets, such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to our organization.
If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission.
Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to FINCA. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.
IRA Rollover – Congress has enacted a permanent IRA charitable rollover. As a result, you can make an IRA rollover gift this year and in future years. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
• Avoid potential estate tax on retirement assets
How to Make an IRA Charitable Rollover Gift?
If you are interested in giving from your IRA, use this online tool to give now. You can either complete the paperwork online or print out the forms you need and complete your gift offline.
Need More Information?
If you have any questions about making a retirement asset or IRA rollover gift, we are happy to assist you.
Already Made a Gift?
If you have made a gift of retirement assets or an IRA rollover to FINCA, we would like to thank and recognize you for your gift. Please contact Colleen Zakrewsky at 202-971-4627 or [email protected].