Charitable Gift Annuities

Dealing with the uncertainty of stock and real estate markets during retirement can be challenging. A charitable gift annuity is a gift made to Health Care Foundation for Ventura County (HCFVC) that can provide a secure source of fixed payments for life.

 

Benefits of Gifts of Retirement Assets

• Avoid potential estate tax on your retirement assets

• Your heirs may avoid income tax on any retirement assets funded on a pre-tax basis

• Receive potential estate tax savings from an estate tax deduction

How to Make a Gift of Retirement Assets

• Complete a beneficiary designation form provided by your retirement plan custodian to make HCFVC the beneficiary of your retirement assets

• Designating HCFVC as a beneficiary ensures that we benefit from the full value of your gift, as your IRA assets will not be taxed upon your death

• Receive an estate tax charitable deduction for your gift

Should you have any questions regarding gifts of retirement assets, please contact us.