Make a Plan to Increase Your Impact
When you incorporate charitable giving in your estate planning, you gain personal satisfaction, not only by completing your plan, but also by providing for the people and charities that matter most to you.
There are various ways to include RIF into your estate plans including:
Bequest: A bequest is a gift made through a will or a living trust. It’s the most popular planned gift, the easiest to make, and it costs nothing during your lifetime.
Life Insurance: You can designate a charity as a life insurance policy beneficiary. When the time comes, the nonprofit receives the proceeds.
Retirement Plans: Like a gift of life insurance, you can name RIF as the beneficiary of a portion or all of your IRA, 401(k), or other retirement plans. When your estate is settled, the amount designated passes to the nonprofit and your heirs avoid income and estate tax.
IRA Rollover: A Charitable Individual Retirement Account (IRA) Rollover (also referred to as a QCD — a qualified charitable distribution) allows you at 70½ or older to make tax-free IRA charitable rollover gifts of up to $100,000 per year directly from your IRAs to RIF. The funds must be transferred directly to the RIF, withdrawing them first will result in a tax penalty.
If you are interested in learning more, please contact our development team via email at developement@RIF.org or phone at 888-725-4801.
Cannot find what you are looking for or have questions? Contact us at development@RIF.org.