Planned Giving

What kind of legacy will you leave?

Remembering United Way in your will or estate plans will provide critical, ongoing support to our poverty-fighting initiatives. Your legacy gift will help struggling Bay Area individuals create brighter futures for themselves and their families for generations to come. What better legacy could you leave than that?

2 Ways to Plan Your Giving

Lower Your Tax Bill Today

 

If you are 70 and a half or older, you are required to take annual minimum distributions from any IRA accounts you may have. By directing a portion of that minimum distribution DIRECTLY to charity, you can avoid being taxed on that part of your distribution. Because amounts gifted in this way also help to lessen the possibility that your Social Security benefits will be taxed.

To qualify for this type of preferential tax treatment, the gift must move directly from your IRA to the charity. Pay outs made to you and then donated by you to charity are ineligible. Maximum gifts made under this provision are $100,000 annually. Even if you do not itemize, this powerful option can reduce your taxes!

 

Find Out More

For more information on planned giving—or to get started on any of these options
please contact Channa Sweet at csweet@uwba.org.