Gift Types
Retirement Plans
Individual Retirement Accounts (IRAs), tax-sheltered annuities, Keogh plans, self employed plans (SEPs), 401(k), 403(b) and other qualified pension and profit-sharing plans can also provide significant support for The Citadel. A donor needs to inform his retirement plan administrator that he wishes to name The Citadel Foundation as a beneficiary of the plan. The funds will usually pass to The Citadel Foundation free of all taxes, whereas an individual beneficiary's distribution from your retirement plan could be reduced by both estate and income taxes!