Gifts from Retirement Plans During Life

Gifts from Retirement Plans During Life Diagram. Description of image is listed below.

How It Works

  1. You take a distribution from your qualified retirement plan or IRA that is includable in your gross income
  2. You make a gift of the distribution or of other assets equal in value to the distribution
  3. You receive an offsetting charitable deduction
  4. If you are 70½ or older, read ahead about the IRA rollover opportunity available to you

Benefits

  • You may draw on perhaps your largest source of assets to support the programs that are important to you at Peddie
  • The distribution offsets your minimum required distribution
  • If you use appreciated securities instead of cash from your distribution to make your gift, you'll avoid the capital-gain tax on the appreciation

Contact Us

Amy Cabot
Director of Gift Planning
and Leadership Giving Officer
(609) 944-7614
acabot@peddie.org

The Peddie School

Office of Alumni & Development

201 S. Main Street

Hightstown, NJ 08520

Federal Tax ID Number: 21-0634492 

Back