Gifts of Retirement Assets.
A gift from your retirement assets, (IRA, 401k, 403b, pension or other tax deferred plan), is a simple and tax effective way to make a significant gift to Children Global Initiative.
Designate Children Global Initiative as a beneficiary of your retirement assets
Did you know that 60%-65% 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 your retirement assets to Children Global Initiative. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets so the full value of your gift can be used to further our ministry.
Eliminate all income-tax and estate tax liability on retirement assets given to Children Global Initiative.
Make a significant gift to Children Global Initiative and designate how it should be used.
Retain ownership and continue to take withdrawals during life as needed or required.
Experience the satisfaction of knowing you can continue to help children even after you are gone.
Have the flexibility to modify your bequest if your circumstances change.
How to transfer your retirement assets
Your retirement assets may be transferred to Children Global Initiative by completing and filing a beneficiary designation form provided by your plan custodian. If you designate Children Global Initiative as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
Click here for information for your beneficiary designation form.
Contact Us for More Information
If you have any questions about making a gift of retirement assets, please email us as soon as you can.