Gifts of Retirement Assets
A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension, or other tax-deferred plan, is an excellent way to make a gift to Community of Christ.
If you transfer your retirement accounts to non-charitable heirs upon your death, it can eat up to 70% of the principal of your account. By leaving your retirement assets to Community of Christ, you may avoid both income and estate taxes because we are not taxed on the transfer. In addition, you can continue to take withdrawals during your lifetime. You can designate all or a percentage of your retirement assets to Community of Christ and can change beneficiaries at any time.
How to transfer your retirement assets
Simply name Community of Christ as a whole or partial beneficiary of your retirement plan by using the beneficiary designation form supplied by your financial institution. There should be no charge to update your beneficiary designation.
Contact us
If you have any questions about gifts of retirement assets, please contact us. We would be happy to assist you and answer any questions that you have.
Please let us know if you have already included Community of Christ as a beneficiary of your retirement assets. We would like to thank you and recognize you for your gift.
