Other Ways to Give

Tax-Deferred Retirement Plans

An IRA, Keogh, 401(k), or another qualified retirement plan that passes to an individual beneficiary may be significantly reduced by income and estate taxes; sometimes, by as much as 70%. Instead, consider leaving your retirement accounts to Cleveland Hearing & Speech Center, which does not pay income tax and which qualifies for a full estate tax exemption. The result will be that all of your retirement funds will pass to an organization free from tax.

To name Cleveland Hearing & Speech Center as a beneficiary of your retirement plan or life insurance policy is easy. Simply contact your retirement plan administrator or insurance agent and ask for the appropriate forms.

For more information, contact Debbie Dey, Major Gifts Officer at ddey@chsc.org or 440-781-0932.

This material is not intended to replace the advice of a qualified tax advisor, attorney, and accountant, or insurance advisor. Consultation with the appropriate professional should be done before any financial commitments regarding the issues related to the situation are made.