Gifts That Cost Nothing
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.
|
|