Giving Retirement Plan Assets

Supporting USA for UNFPA through your IRA can be a tax savvy way to support women and girls during your lifetime. And there are also options to set up your IRA as a tool for future charitable giving.

Create a lasting legacy by naming USA for UNFPA as a beneficiary of all or a percentage of your IRA and it will pass to us tax-free after your lifetime. It’s simple, just requiring that you contact your IRA administrator for a change-of-beneficiary form or download a form from your provider’s website.

Please note: It is critical to let us know of your legacy gift because many popular retirement plan administrators assume no obligation to notify a charity of your designation. The administrator also will not monitor whether your gift designations and preferences are followed. We would love to talk to you about your intentions to ensure that they are followed. We would also like to thank you for your generosity!

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.

If you have established a donor advised fund (DAF), this is another way you can support USA for UNFPA during your lifetime, and also in your legacy plans.

Through your DAF, you can request a grant or recurring grants during your lifetime to make an immediate impact. You can also use your fund as a tool for future charitable gifts.

Create a lasting legacy by naming USA for UNFPA as a beneficiary of the entire account or a percentage of the fund. With a percentage, you can also create a family legacy of giving by naming your loved ones as your successor to continue recommending grants from your DAF to charitable organizations beyond your lifetime. Contact your fund administrator for a beneficiary form and to learn more about this option.