Retirement Plans
You may choose to name Chabad of the Caldwells as a beneficiary of your retirement assets, including IRAs, 401(k)s, Keogh plans, and similar accounts. Because these assets are often subject to both income and estate taxes, designating a charitable beneficiary can be a highly effective way to make a meaningful gift while reducing the tax burden on your family.
How It Works
- Request a beneficiary designation form from your plan administrator.
- Name Chabad of the Caldwells as a full or partial beneficiary.
- The gift is transferred directly to Chabad upon your passing.
- You may continue to access and withdraw funds during your lifetime.
- Beneficiary designations can be updated at any time if your circumstances change.
Benefits
- A simple, no-cost way to create a meaningful legacy gift.
- Potential to reduce or eliminate income and estate taxes on these assets.
- Maximizes the impact of your retirement savings for Jewish continuity.
- Often a more efficient alternative than leaving retirement assets to heirs after taxation.
By naming Chabad of the Caldwells as a beneficiary, you ensure that your retirement assets help strengthen Jewish life and community for future generations.
We would be glad to work with you, your family, and your financial advisor to help structure a plan that aligns with your goals. For more information, please contact us.
