Gifts of Retirement Assests

 

Contributions to retirement plans can provide an excellent opportunity for growth as they are tax-free.

A gift of retirement assets can benefit both Messmer and the donor. Assets in retirement accounts may be subject to substantial income and/or transfer taxes when they are withdrawn or passed on to beneficiaries. By naming Messmer as the beneficiary, or one of the beneficiaries, of all or a portion of the balance of your plan you may be able to avoid or reduce some of these taxes. Please note - The designation of any charity as a beneficiary of retirement fund assets cannot be simply written in your will or trust. The charity must be designated as a beneficiary of the retirement plan. Also, if you are married, your surviving spouse may also need to sign a written waiver.

 

For more information about gifts of retirement assests, please contact Messmer’s Development Office at 414-264-5440 or development@messmerschools.org

 

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