Beneficiary Designations

Your retirement-plan benefits are very likely a significant portion of your net worth. And because of special tax considerations, they could make an excellent choice for funding a charitable gift.

Retirement-plan benefits include assets held in individual retirement accounts (IRAs), 401(k) plans, profit-sharing plans, Keogh plans, and 403(b) plans.

How It Works:

  • You name Catholic Charities as beneficiary for part or all of your retirement-plan benefits
  • Funds are transferred by plan administrator at your death

Benefits:

  • No federal income tax is due on the funds that pass to Catholic Charities
  • No federal estate tax on the funds
  • You make a significant gift to Catholic Charities 

Please call or e-mail us to tell us of your intent, and we will assist you with the details of the transfer.

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