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Retirement Assets

Donate assets by designating LSA as a beneficiary.

For many people, retirement plan assets (an IRA, 401(k), etc.) make up the largest part of their estates. To encourage saving for retirement, the law allows you to make tax-deductible and pre-tax contributions to retirement plans. These assets are taxed as ordinary income when you begin withdrawing your retirement funds. What many people don’t realize is that, unless retirement fund assets are left to a surviving spouse (who may still be subject to taxes, as well), the funds are subject to income taxes when they are distributed to heirs—heirs who are often surprised by the amount that their inheritance is reduced by taxes.

While a large percentage of retirement plan assets can be lost needlessly to income taxes, by making a planned gift to LSA or another qualified charity, you can reduce or eliminate those taxes while better providing for your heirs. By integrating your retirement, estate, and gift planning, you can reduce taxes and leave more for your heirs and your favorite charities. The easiest way to donate assets is to designate LSA as a beneficiary.


Contact us.

Our team is ready to help you explore options that will have a lasting impact on the college. For more information, call 734.615.6333 or email