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Your Generosity
Our Longevity

With gift planning, you can provide long-lasting support for our organization while enjoying financial benefits for yourself. Help NCOA create longevity for all.

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Giving Home > What to Give > Gifts of Retirement Assets

Gifts of Retirement 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 National Council on Aging.

Many individuals choose to name NCOA as a beneficiary of their 401(k), IRA, 403(b), or other qualified retirement plan, ensuring NCOA can continue to deliver resources, tools, and advocacy that our nation needs to ensure that every person can age with health and financial security.

Benefits of gifts of retirement assets

  • Avoid potential estate tax on retirement assets
  • Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
  • Receive potential estate tax savings from an estate tax deduction

Gifts of retirement assets video

How to make a gift of retirement assets

To leave your retirement assets to National Council on Aging, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate National Council on Aging 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.

More on gifts of retirement assets

Did you know that 60%-70% 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 the retirement assets to National Council on Aging. As a nonprofit, we are not taxed upon receiving an IRA or other retirement plan assets.

Contact us

If you have any questions about gifts of retirement assets, please contact us. We would be happy to assist you and answer any questions that you have.

Please let us know if you have already included National Council on Aging as a beneficiary of your retirement assets. We would like to thank you and recognize you for your gift.