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The Beacon Society

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.

  • 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.