Retirement Plans


Retirement plans, including IRAs, 401(k) plans, Keogh plans, and others, can provide excellent “pockets” from which to make charitable gifts. Many people are surprised to learn that heirs will receive relatively little of the balance in such plans after estate, income, and other taxes are deducted. Donors should check with financial advisors to learn more about making current and future gifts utilizing retirement assets in tax-favoured ways.