Retirement PlanPost Date: March 20, 2017
A retirement plan gift is easy to make and may be the most tax-efficient gift you can make to a charity. Since most individuals have contributed to retirement plans on a tax-deferred basis (meaning taxes have been postponed), retirement plan income is taxed at your marginal rate (federal and state).
You can avoid the two-fold income and estate taxation on retirement plan assets by gifting. Please consult with your financial advisors for the potential savings this technique might provide to you.
If you’d like to speak with a member of our staff, please contact us at (800) 424-8200, ext. 789. We’re also happy to work with your attorney or financial planner.