Designate the AACR as a Beneficiary of Your Retirement Plan Assets
There’s a good reason to consider naming the American Association for Cancer Research (AACR) as the beneficiary of your tax-deferred retirement account. Donation of retirement account assets are among the most tax-smart gifts you can make. Although IRAs and 401(k) accounts are excellent vehicles for accumulating assets for your use during retirement, they are far less effective for providing for and transferring wealth to your loved ones. Those who inherit your retirement plan assets could see nearly 60 percent of the account value depleted by federal and state income and estate taxes.
If you choose to contribute all or part of these assets to the AACR, our status as a qualified charitable organization means that we can use 100 percent of your gift to support our lifesaving work with no income tax due by you.
Please contact us to learn more about the AACR and this gift option. Please notify us of your planned gift so that we may express our gratitude today and enroll you in the Dr. Bayard D. Clarkson Legacy Society.