gifts of retirement assets
Simple Ways to Leave a Legacy to A.R.E.
Retirement funds, such as a 401(k) or IRA, can be a great asset to leave to the A.R.E. Without careful planning, over 70% of retirement assets could end up going to pay estate and income taxes.
You might consider leaving 100% of your retirement assets (the balance in your retirement account upon your death or upon the death of your spouse) to A.R.E. and leaving other assets to your family that carry less tax liability.
It’s easy – just complete a Beneficiary Designation or similar form and list A.R.E. as beneficiary. Should you need additional guidance in completing Change of Beneficiary Forms to name A.R.E., please contact us.
IRA–Donate Your Minimum Required Distribution to A.R.E.!
If you are 70 1/2 or older, this would enable you to donate up to $100,000 of your IRA to A.R.E. TAX-FREE!
Important details about this opportunity:
- Individuals must be 70 1/2 or older
- The distribution must be rolled over (transferred) directly from your IRA to the A.R.E.
- The maximum tax-free distribution you can make in one year is $100,000
- The amount rolled over to a charity will count toward your required minimum distributions for the year
- If you have already given from your IRA this year, request a tax acknowledgement letter.
Please note, the information on this site is not intended to be legal or financial advice. If you decide to support the Association for Research and Enlightenment, Inc., the Edgar Cayce Foundation, or Atlantic University through a planned gift, please consult your attorney or tax advisor. They are in the best position to assess your personal situation and provide guidance. A.R.E., the Edgar Cayce Foundation, and Atlantic University are all 501 (c) (3) tax exempt public charities.