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AG1001 364 words Designate Your Assets for Helping Others If you are looking for an easy way to support our organization , but can't part with assets today, consider designating us as the beneficiary of your retirem ent plan assets or insurance policies. W hen you support us through a beneficiary designation , you can have peace of mind knowing that your plans can be altered at any time. Consider the following options: Retirement plan assets make a tax - wise gift to our organization . If your children are the beneficiaries of your retirement plan assets, federal income taxes may erode up to 3 9.6 percent of the amount they receive from your plan. In contrast, as a nonprofit organization, we are tax - exempt and eligible to receive the full amount and bypass any fe deral taxes. Life insurance is a low - cost wa y to provide a large gift to a charity of your choice . You can name us as primary or contingent beneficiary. If you name us as contingent beneficiary, we will only benefit if your primary beneficiary predecease s you. Insurance annuities carry an income tax burden , making your named beneficiary responsible for paying the income tax due on the growth of your annuity. The tax burden makes these assets a popular choice to leave to an organization like ours because we, as the recipient, can eliminate the tax bill on the portion we receive. How to Name Us as Beneficiary To name us as beneficiary of these assets, contact your retirement plan administrator or insurance company for a change - of - beneficiary form. Decide w hat percentage you would like us to receive, and name us, along with the percentage you chose, on the beneficiary form. Then return the form to your plan administrator or insurance company . It is that simple!

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