Retirement Plan Assets

A gift of retirement plan assets can be a surprisingly easy way to reduce potentially high taxes and provide support to FHSSA. This option costs you nothing during your lifetime while leaving a legacy to support end-of-life care in Africa.



Meet John Mastrojohn III and learn about his decision to name FHSSA as a beneficiary of his retirement plan
 

A gift of retirement plan assets could be right for you,  if you:

  • Have an IRA or qualified retirement plan, such as a 401(k) or 403(b)
  • Do not expect to use all of your retirement plan assets during your lifetime
  • Have other assets, such as securities and real estate, that you want to pass to heirs
  • Want to provide payments to loved ones after you are gone
  • Would like to make a bequest gift to FHSSA


How to name FHSSA as a beneficiary of your retirement

Option 1: Designate remaining retirement plan assets for FHSSA Impact Fund*

You designate on your IRA or qualified plan beneficiary designation form that FHSSA* is the beneficiary of all or a portion of what remains in your retirement plan when the plan ends.


Your Benefits

  1. Save federal and state taxes that can total 60% or more
  2. Preserve more non-retirement plan assets for family
  3. Gain the satisfaction of making a significant gift to FHSSA


Option 2: Designate remaining retirement plan assets for a life income plan

You designate on your IRA or qualified plan beneficiary designation form that the retirement plan assets remaining when your plan ends be used to fund a gift plan that will make payments to family members or other loved ones for the rest of their lives. When the gift plan ends, what's left goes to FHSSA.


Your Benefits

  1. Save federal and state taxes
  2. Preserve non-retirement plan assets for family
  3. Provide payments to family or other loved ones for life
  4. Gain the satisfaction of making a significant gift to NHF's FHSSA


If you want to support the FHSSA through your retirement plan:

  1. Contact your retirement plan administrator to request the beneficiary form.
  2. Indicate how much, or what percentage of the remaining fund should be designated to FHSSA.
  3. Return the form to your plan administrator.


*The beneficiary form requires FHSSA's legal name and address and tax ID number:


FHSSA
1731 King Street
Alexandria, VA 22314
NHF Tax ID #: 16-1590512


Designation FHSSA


Please contact us with questions: planning@NationalHospiceFoundation.org or call 877-470-6472.

 

Information on this website is not intended as legal, tax or investment advice. All gift options should be discussed with your legal, tax and financial planning advisers.


Information on this website is not intended as legal, tax or investment advice. All gift options should be discussed with your legal, tax and financial planning advisers.