Retirement Plan Assets

RETIREMENT PLAN ASSETS including corporate pension and profit-sharing plans, Keogh plans, 401(k) plans, 403(b) plans, and Individual Retirement Accounts (IRAs) may be used to create or to add to an endowment fund in the Jewish Community Foundation.

How Does It Work?

You name the Jewish Community Foundation as a full or partial beneficiary of your retirement plan assets by notifying your plan administrator and completing a “change of beneficiary” form. You can also use retirement assets now or at your death with planned giving vehicles such as charitable remainder trusts or charitable gift annuities.

Alternatively, you may use your retirement plan assets to create a charitable remainder trust or charitable gift annuity upon your death. The trust or annuity may provide income to one or more designated beneficiaries for life or a term of years. When the trust or annuity ends, the Foundation receives the remaining assets, which you designate to a particular cause or endowment.

The proceeds can be used to create or to augment an unrestricted endowment, a Lion of Judah Endowment or Legacy Fund, a special purpose fund, a donor-advised fund or a supporting foundation.

What Are The Benefits?

  • You may be able to make a more significant gift than you thought possible.
  • Contributing your retirement plan assets is tax efficient, as it may save both income and estate taxes.
  • Designating a charitable beneficiary is easy to administer.
  • You provide a permanent source of funding for the Federation’s Annual Campaign or for a cause you care about most, ensuring that critical support for services to the Jewish community continues for the future.
Brian Eglash
Brian Eglash
Senior Vice President & Chief Development Officer
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