Giving to IC

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Planned Giving

Gifts of Retirement Plans

Click Here for Detailed Explanation



How It Works

You name Ithaca College as the beneficiary of your IRA, 401(k) or other qualified plan.

Any residual left in your plan at your death passes to Ithaca tax-free.

Benefits

  • You can escape both income AND estate tax levied on the residual left in your retirement account by leaving it to charity.
  • You can continue to take withdrawals during your lifetime.
  • You can change your beneficiary if your circumstances change.
  • You can elect to leave retirement plan assets to Ithaca through your will or revocable trust instead.
  • You can have the satisfaction of knowing that your hard-earned retirement assets will support Ithaca College when you are gone.

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For more information

If you are considering a gift of a retirement plan, email us, complete the personal illustration form, or call us at 607-274-3466.