Retirement Plans

 

Saving for your retirement is one of the fundamentals of planning for your future. Likewise, retirement accounts can be the cornerstone of your charitable giving – especially because of the tax consequences of passing an account balance onto your heirs.

We encourage you to talk to your estate planner, financial adviser, or attorney to discuss using your retirement account to make a planned gift. You can designate St. Joe’s as a sole or partial beneficiary of your account, and avoid the income and estate taxes that would be applied to your account if left to your heirs.

 

In our experience, gifts of retirement plans to St. Joe’s allow the donors to fulfill their charitable purposes and pass on more tax-efficient assets to their families. In this way, both your school and your heirs benefit from your strategic planning.

 

For more information on planned giving, please contact Dan Warner '06, Vice President of Institutional Advancement, at 716-270-4115 or [email protected].

The information on this website is not intended as legal or tax advice. Full Disclaimer.