A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension or other tax-deferred plan is an excellent way to make a gift to the Delta Sigma Phi Foundation.
Gift Retirement Assets in Your Will
Did you know that 50-60% of your retirement assets might be taxed if you leave them to your heirs at your death? However, nonprofit organizations—like the Delta Sigma Phi Foundation—are not taxed upon receiving an IRA or other retirement plan assets. To make the most of your money, you might consider leaving your heirs assets that receive a step up in basis (such as real estate and stock) and give your retirement assets to the Foundation.
How to Transfer Your Retirement Assets
Your retirement assets may be transferred to the Delta Sigma Phi Foundation by completing a beneficiary designation form provided by your plan custodian. If you designate the Foundation as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from reducing your possible tax liability.
If you have questions, contact Chief Advancement Officer Nathan Wight at firstname.lastname@example.org.