IRAs, 401(k) plans, 403(b) plans or other retirement savings arrangements
Retirement plan assets can be the best assets to leave to charity. Naming KQED as beneficiary of all or part of a retirement account left at death can save income taxes, estate taxes or both. Individual recipients must pay the income tax on these assets, which have been accumulated tax-free. But KQED, as a nonprofit organizaton, is exempt from any income tax that would otherwise be due. So it is good tax planning to leave these funds to KQED and other assets to family and friends.
How: Simply ask the custodian or trustee of your account for a new beneficiary form, or check on your custodian's website for an on-line form. Use KQED's legal name, "KQED Inc.," and Taxpayer ID No., 94-1241309, if needed.
Note: Except for IRAs, married individuals will need the written consent of their spouses to make gifts from retirement accounts. Check with your account manager.
Please let us know your plans
By informing KQED of your Legacy Gift, you help us ensure that your intentions are fulfilled and give us the chance to thank you for your generosity. To notify us of your plans, please complete our request for information form or contact us.
A Word About Beneficiary Forms - Further considerations once you are ready to complete your forms
Also on KQED.org this week ...
Drought Watch 2015: Record-Low Sierra Snowpack
The Sierra Nevada snowpack, which typically supplies nearly a third of California's water, is showing the lowest water content on record: 6 percent of the long-term average for April 1. That shatters last year's low-water mark of 25 percent (tied with 1977).
"Boomtown" History of the San Francisco Bay Area
KQED's "Boomtown" series will seek to identify what is happening in real time in the current boom, and also draw out the causes and possible solutions to the conflicts and pressures between the old and the new.