How It Works

	You name Le Moyne College as the beneficiary of your IRA, 401(k) or other qualified plan.*
	Any residual left in your plan when you pass on passes to the College tax-free.
	*Gifts of retirement plan assets during your lifetime are not recommended because they are subject to income tax. Legislation is pending that may change this.

Benefits

• You can escape both income AND estate tax levied on the residual left in your retirement account by leaving it to the College.
• You can continue to take withdrawals during your lifetime.
• You can change your beneficiary if your circumstances change.
• You can elect to leave retirement plan assets to the College through your will or revocable trust instead.
• You can have the satisfaction of knowing that your hard-earned retirement assets will support the College when you are gone.

More

• Is this gift for you? Click here.
• Read more detail. Click here.

To learn more about Gifts of Retirement Plans, Email us, complete the Information Request form, or call us at (315) 445-4644 so that we can assist you.