Retirement Plan Giving Options
When planning for your future, you can also have an impact on the future of rehabilitation care.
Naming Spaulding as a beneficiary in your retirement plan is a great way to support our important mission of transforming rehabilitation medicine and making impossible recoveries possible. IRAs, 401Ks and other retirement plan assets can be valuable, tax-efficient vehicles for charitable giving.
Retirement plan assets often come with estate and income taxes that leave little left over for heirs. However, by designating Spaulding as a remainder beneficiary of your retirement account, you can support meaningful work while minimizing your family’s tax burden.
How to Contribute
Impact the lives of people suffering from a debilitating illness or recovering from a traumatic event.
A retirement gift plan is simple to make: Simply add Spaulding to your “beneficiary designation” information on file with your retirement plan administrator easily and at any time.
Are you age 70.5 or older?
If so, you can use your traditional or Roth IRA to make a gift now to Spaulding. In fact, you can have up to a total of $100,000 transferred directly from your IRA to Spaulding each year—and if you are age 72 or older have that amount count as part of your required minimum distribution—that in most cases is not reported as taxable income.
The recent passage of the CARES Act in response to the COVID-19 pandemic includes new tax provisions for 2020 that could benefit individuals making gifts of cash—even from a retirement plan. To learn more, we encourage you to speak with your own advisors, or contact us:
To learn more about these beneficial giving opportunities, please contact John MacRae, Senior Director of Principal and Major Gifts, at 617-952-6811, or firstname.lastname@example.org.