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Avoiding Charitable IRA Beneficiary Mistakes

Avoiding Charitable IRA Beneficiary Mistakes

| July 21, 2021
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Considering naming a charity as a beneficiary of your estate? The tax-exempt status of non-profit organizations can make IRAs ideal for charitable gifting, as neither you nor your charity will pay income tax on the account. However, using these accounts for charitable gifting can also create a number of traps for both the charity and other IRA beneficiaries.

Click here to download the article on Avoiding Charitable IRA Beneficiary Mistakes in 5 Easy Steps

From filling out your beneficiary form properly to separating accounts for each intended heir, there are a number of factors to consider when naming a charitable beneficiary.

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