Why use your IRA and retirement assets for a charitable contribution?

When you name a charity as a beneficiary to receive your IRA or other retirement assets upon your death, the benefits are numerous:

• No income taxes on the distribution of the assets
• Your estate will receive a tax deduction for the charitable contribution to offset the
value of those assets held in your estate
• Because charities do not pay income tax, the full amount of your retirement account
will directly benefit the cause your charity supports
• You have the opportunity to support a cause you care about as part of your legacy

Learn more:Case Study -Charitable IRA