A gift from your retirement assets, (IRA, 401k, 403b, pension or other tax deferred plan), is a simple and tax effective way to make a significant gift to World Vision.
Did you know that 60%-65% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis (such as real estate and stock) and give your retirement assets to World Vision. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets so the full value of your gift can be used to further our ministry.
Your retirement assets may be transferred to World Vision by completing and filing a beneficiary designation form provided by your plan custodian. If you designate World Vision 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 an estate tax charitable deduction for the gift.
Click here for information for your beneficiary designation form.
If you have any questions about making a gift of retirement assets, please click here to send us an email or call 1.800.426.5753.