Gifts of Retirement Assets
Donating part or all your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plans, is an excellent way to make a gift to Debbie’s Dream Foundation.
- Receive potential estate tax savings from an estate tax deduction
- Avoid potential estate tax on retirement assets
- Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
How to make a gift of retirement assets
To leave your retirement assets to Debbie’s Dream Foundation, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate Debbie’s Dream Foundation 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.
If you have any questions about gifts of retirement assets, please contact us.