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Giving Retirement Assets
A smart approach to sharing your personal values.
Did you know that retirement plans and accounts funded with pre-tax earnings are often subject both to income and estate taxes when children or others are named as your beneficiaries?
By naming Buffalo Toronto Public Media as a beneficiary of your IRA, 401(k) and/or 403(b), you will be assured that every dollar will be used for a charitable purpose (like educational programming for kids) and shielded from income or estate taxes. You can then work with your advisors to identify other assets that are better suited to leave to your loved ones.
Another great benefit of naming Buffalo Toronto Public Media as a beneficiary of your retirement assets is this option avoids the possible delays and various costs associated with probate administration. By making a gift of your retirement benefits to the station, your charitable wishes for our community can be fulfilled with greater ease and efficiency.
To learn more about making a gift of retirement assets, contact Sylvia Bennett at 716-845-7005 or email@example.com. We would be honored to work with you and your advisors as you consider your plans.
Please consult with your professional advisor for advice on the full impact of your charitable giving on your financial and/or legal circumstances.