A gift of your unused retirement assets can benefit you and your family and support LWVCO far into the future.
Benefits of Donating Retirement Plan Assets
Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to League of Women Voters of Colorado. You will be assured that every dollar will be used for a charitable purpose (like global educational exchange for students of all ages ) and shielded from income or estate taxes. You can then work with your advisors to identify other assets that are better suited to leave to your loved ones. Take a look at why this may the optimal gift plan for you
- Continue to take regular lifetime withdrawals
- Maintain flexibility to change beneficiaries if your family’s needs change during your lifetime
- Your heirs avoid the potential double taxation on the assets left in your retirement account
How to Make a Gift of Retirement Assets
To leave your retirement assets to LWVCO, simply contact your retirement plan or IRA administrator and complete a beneficiary designation form naming League of Women Voters of Colorado as beneficiary, and the percentage you’d like us to receive (1%-100%). Then mail the form back to the plan administrator and keep a copy for your records. Please notify LWVCO of your intentions. You can contact our Executive Director online (firstname.lastname@example.org) or send a letter to the League of Women Voters of Colorado; Attn: Beth Hendrix, Executive Director, 1410 Grant Street, Suite B204, Denver, CO 80203.