You can designate St. Joseph’s as a beneficiary of your retirement plan account. Ask your employer or fund manager for a Change of Beneficiary Form. Retirement plans including IRAs, 401(k)s, 403(b)s and other plans are the most heavily taxed assets that can be left to your heirs with the exception of your spouse. Income, estate and excise taxes can lead to a loss of a high percentage of your plan’s assets.
Naming St. Joseph’s College your survivor beneficiary removes these highly taxed assets from your estate and enables you to leave lesser-taxed assets to your heirs. IRA Charitable Rollover News.
If you have any questions about giving to St. Joseph’s College, please contact Clare Kehoe at email@example.com or 718.940.5579.