IRA/401(k) Beneficiary

How a Beneficiary Designation Gift Works
  1. To make your gift, contact the person who helps you with your account or insurance policy, such as your broker, banker or insurance agent.

  2. Ask them to send you a new beneficiary designation form.

  3. Complete the form, sign it and mail it back to your broker, banker or agent.

  4. When you pass away, your account or insurance policy will be paid or transferred to The Parke County Community Foundation, consistent with the beneficiary designation.

Important Considerations For Your Future

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason.

Benefits of a Beneficiary Designation Gift
  • Easy to understand

  • More tax benefits than bequest

  • Simplify your planning and avoid expensive legal fees

  • Reduce the burden of taxes on your family

  • Use funds as needed in your retirement

Contact Us

If you have any questions about IRA/104(k)Beneficiaryplease contact us. We would be happy to assist you and answer any questions you might have.

115 N. Market Street

PO Box 276

Rockville, IN 47872

Fax:

765-569-5383

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Webmaster: kcleek