TAX FREE GIVING FROM YOUR RETIREMENT PLAN – AN EASY ADDITION TO YOUR ESTATE PLAN

 

Including a gift to Helpusadopt.org within your estate plan is a great way to provide for the next generation of children in need a loving, nurturing home. One of the simplest ways to support this future work is to include Helpusadopt.org as a beneficiary of your retirement plan. Leaving retirement accounts to heirs may leave them subject to additional tax burdens.

 

To name Helpusadopt.org as a beneficiary, you simply obtain a beneficiary designation form from your IRA plan administrator.

 

​

​

​

​

If you would like to direct your future gift to a specific purpose, contact the Development Office for appropriate documentation.  Because this beneficiary designation is controlled by you, you can change it at any time. 

 

 

IRA CHARITABLE ROLLOVERS

​

Americans over the age of 70½ can distribute up to $100,000 in a calendar year from an IRA to Helpusadopt.org, tax-free. This distribution to charity can be a significant benefit for IRA owners who are otherwise required to take minimum required distributions each year, which are included in their gross income for income tax purposes.

 

Here's How It Works:

• You must be 70½ or older at the time of distribution.

• You may distribute any amount up to $100,000 in a calendar year. The distribution transfer must be completed by December 31st of the year in which you intend to make the charitable distribution.

• Your IRA administrator must make the distribution directly to the charity, or you may write a check payable to the charity from your IRA checkbook.

​

For a sample letter of instruction to your IRA administrator requesting a distribution to Helpusadopt.org, click here.

 

If you make a gift to Helpusadopt.org from your IRA, please include written instructions on how you would like to designate your gift by making a note on your IRA check. You can also call 917-684-5484 or email donations@helpusadopt.org with your gift designation.

​

Certain restrictions and requirements apply to these types of gifts. For example, the following transfers will not qualify: distributions to private foundations, to donor advised funds, for life income gifts (e.g., charitable remainder trusts), and for any purpose that entitles you to receive a benefit, such as preferred seating and tickets to an event. Before proceeding, you should consult with your tax advisor to discuss your particular situation.  If you have questions, please call the Development Office at Helpusadopt.org at 917-6847-5484 or email at donations@helpusadopt.org.

​

Gifts may be sent to:

Helpusadopt.org

Attn: Development Office

P.O. Box 787

New York, NY 10150