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Gifts From Your Retirement Plan

Gift of Retirement Plan Diagram

How It Works

  • Name the American Red Cross 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 through your plan administrator.
  • The balance in your plan passes to The Red Cross after your passing.

Benefits

  • Avoid the double taxation your retirement savings would incur if you designated your heir(s) as beneficiary(ies).
  • Continue to take regular lifetime withdrawals.
  • You can revoke us as a beneficiary if your family's needs change.

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