Ages 55-69:
Explore Your Giving Options

If you do not wish to commit to making an outright gift in your will or estate, there are still options to support USA for UNFPA in your legacy plan through a beneficiary designation.

You could use:

-IRAs and retirement plans

-Life insurance policies

-Donor Advised Funds

-Commercial Annuities

It is quite simple to name USA for UNFPA as a beneficiary. You first request a change of beneficiary form from your policy administrator or download one from your providers website. Make your desired changes, and return to the form to establish your gift.

Gifting Securities and mutual funds (such as stocks and bonds) is a tax-savvy way to support USA for UNFPA. Making a gift of securities or mutual funds offers you the chance to support our work while realizing important benefits for yourself.

When you donate appreciated securities or mutual funds (those that you have held more than one year and have increased in value) to a charitable organization, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

You can of course donate securities to USA for UNFPA during your lifetime, and you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20%.

To include a gift of securities in your legacy plan, you might create a transfer on death (TOD) account. By placing a TOD designation on your brokerage or investment account, that account will be paid to one or more persons or charities after your lifetime.

In some circumstances, the original purpose of a life insurance policy no longer applies. Perhaps your children are fully grown, or you no longer need your policy in place to provide financial security for a spouse. In this case, your life insurance policy can become powerful way to support our mission.

There are three ways to gift life insurance to USA for UNFPA:

Name us a beneficiary of the policy. The process is as simple as updating your beneficiary designation form with your life insurance policy holder. You can designate us as the primary beneficiary for a percentage or specific amount of your policy. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

Make an outright gift of an existing policy. If you name us as owner and beneficiary of an existing policy, you could qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the insurance policy, each payment is tax deductible as a charitable gift if you itemize.

A charitable remainder trust (CRT) can be very beneficial if you wish for yourself or your heirs to receive future, reliable payments funded by assets you have today. This type of trust can provide you or other named individuals income each year for life or for a period not exceeding 20 years, funded by assets you give to the trust when it is created. At the end of the trust term, the balance of the trust is gifted to a charitable organization of your choosing- and could make a lifesaving difference for future generations of women and girls relying on your ongoing support of USA for UNFPA.

These types of gifts may offer you tax benefits as well as the option for income. There are two ways to receive payments and each has its own benefits:

An annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.

A unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

To discuss this opportunity, you should work with a qualified estate planning attorney and tax advisor to confirm that a CRT will provide the expected results both in respect to the income tax consequences of the gift as well as the administration.