MINIMUM DISTRIBUTION GIFTS

How do I gift retirement plan assets? 


Direct donation of required distributions as Charitable Minimum Distribution 


Did you know there is a way to gift retirement plan assets and save on taxes? Just designate all or a portion of your required minimum distribution as a charitable minimum distribution (your plan advisor can help with this). You can even receive a portion of the distribution to meet your needs and donate an additional amount as a charitable distribution. By doing so, all of the charitable distribution helps satisfy your minimum distribution requirement and no taxes are due on the amount donated. 


This is easy to set up, but be sure to discuss it with your plan administrator to be sure it is right for you and set up correctly. This is a great way to save on taxes while helping our program serve the community! 



GET IN TOUCH

We'd love to hear from you

  • YouTube
  • Facebook
  • Instagram

Grand Piano Series does not discriminate on the basis of religion, race, ethnicity, national origin, color, sex, sexual orientation, age, marital status, parental status, or disability in any of its programs, services, employment, or activities.​

All of our events are accessible.

© 2016 by Grand Piano Series. Site designed & maintained by Milana Strezeva