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Gifts of Retirement Plans
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How It Works
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You name Right to Life of Michigan as the beneficiary of your IRA, 401(k) or other qualified plan.
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Any residual left in your plan when you pass on passes to Right to Life of Michigan tax-free.
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Benefits
- You can escape both income AND estate tax levied on the residual left in your retirement account by leaving it to Right to Life of Michigan.
- 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 Right to Life of Michigan through you will or revocable trust instead.
- You can have the satisfaction of knowing that your hard-earned retirement assets will support Right to Life of Michigan when you are gone.
More
To learn more about Gifts of Retirement Plans, Email us, complete the Information Request form, or call us at (248) 553-8800 so that we can assist you.