Retirement Plan

Ways to Create a Lasting Legacy Through Gift Planning – Retirement Plan

Some assets are not transferred through a Will. These include assets in a qualified retirement plan (these include an IRA, Keogh, 401(K), 403(B), or defined benefit plan) that remain after your lifetime. Often, a retirement plan is a pre-tax asset and, when transferred to a beneficiary, is subject to estate tax as well as income tax. Naming AHAF, or one of its programs, as the beneficiary of your qualified retirement plan may be advantageous and financially judicious. Most often, all that is required is to name AHAF or one of its programs on the beneficiary line when you sign up for your retirement plan, or to modify your current election by notifying your plan administrator.

For more information or to contact us with your intentions for gift planning, please contact Barbara Spitzer at 1-800-437-2423 ext 138.

Last Reviewed On: 11/21/08