Retirement Funds
You have worked hard all your life and saved for the future. With your savings and investments, your retirement account may generate unplanned taxes in your later years or produce an unexpected tax burden for your non-spousal heirs. Here’s some ideas to discuss with your family and professional advisors that could help reduce tax burdens and fulfill your desire to substantially impact the mission of Boys & Girls Clubs of Central Florida.
Giving Now
If you are 70 ½ year of age and older, you can use your IRA account to contribute life-changing funds to our Club members. Current laws require you to take a Required Minimum Distribution (RMD) starting at 72 years of age and the RmD increases each year afterward. As an option for your current or potential gifts, you can contribute up to $100,000 a year from your IRA to Boys & Girls Clubs of Central Florida and avoid unwanted income taxes by donating through your IRA!
Here are more details of how this simple process can work and save you taxes!
Giving Later
You can easily include Boys & Girls Clubs of Central Florida as a primary or secondary beneficiary of your IRA account by alerting your IRA administrator and completing the necessary form or paperwork.
You may consider donating a percentage or the full amount of your IRA depending upon your family’s needs once you are gone.
What if I have a 401K, 403b or Roth IRA?
You can donate a percentage or the full amount of your 401K, 403b, or Roth IRA to Boys & Girls Clubs of Central Florida as well.
Please note: The IRA Charitable Rollover provision does not apply to these retirement assets. The IRA Charitable Rollover only works with IRA accounts. Consult your financial advisor for more information.
Boys & Girls Clubs of Central Florida does not provide tax, legal or financial advice. These materials have been prepared for informational purposes only, and are not intended to provide, and should not be relied on for tax, legal or financial advice. You should consult your own tax, legal and financial advisors before engaging in any transaction.
Stocks (Securities)
IRA Charitable Rollover
Donor Advised Funds
Charitable Gift Annuity
Real Estate
Bequests
Life Insurance
Gifts that Pay You Income
Ways to Give Smarter
Good vs. Bad Assets
Request our Free Estate Planning Guide
Because our organization believes so strongly in the importance of you having a Will that honors your wishes and protect your family, we have a FREE Estate Planning Guide that we will send you. The guide is a thorough step-by-step review of things to consider when creating your estate plan. It will save you valuable time and resources by helping prepare important documents and information before meeting with your professional advisors.
Simply send your email or physical mailing address to Sarah Johnston at sjohnston@bgccf.org and request your copy.
Contact Us
For any questions, details and more information about Planned Giving, please contact Sarah Johnston, Chief Development Officer, at sjohnston bgccf.org or 407-841-6855.
Sign up for our Newsletter
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact