Gifts That Cost Nothing

retirment plan

 

How It Works

  • Name the Kingsborough Community College Foundation as a beneficiary of your IRA, 401(k), or other qualified plan.

  • Designate us to receive all or a portion of the balance of your plan throug h your plan administrator.

  • The balance in your plan passes to Kingsborough after your death.

Benefits

  • Avoid the potential double taxation your retirement savings would face if you designated them to your heirs.

  • Continue to take regular lifetime withdrawals.

  • Maintain flexibility to change beneficiaries if your family's needs change during your lifetime.