Gifts of Retirement Assets
How it works
You name Caltech as a beneficiary of your IRA, 401(k) or other qualified plan.
After your lifetime, the residue of your plan passes to Caltech tax-free.
- You can escape both income-tax and estate-tax levied on the residue left in your retirement account by leaving it to Caltech.
- Give the most-taxed asset in your estate to Caltech, and leave more favorably taxed property to your heirs.
- You can continue to take withdrawals during your lifetime.
- You can change the beneficiary if your circumstances change.
Simply write the following wording on your beneficiary designation form: California Institute of Technology in Pasadena, CA.
For more information
Email us, complete the personal illustration form, or call us at 626-395-2927 so that we can assist you through every step of the process.