Red Cross Home
Site Search:

About Us
Take a Class
Nurse Training
Gift Planning
Gift Options
Legacy Society
Asset Options
PG Calc
Financially Prepare
News Room
Give Blood
Donate Now
Gifts of Retirement Assets
(Give More for Less)

How it works
  1. You name the American Red Cross as the beneficiary of your IRA, 401(k) or other qualified plan.*
  2. Any residual left in your plan when you die passes to the Red Cross tax-free.
*Gifts of retirement plan assets during your lifetime are not recommended because they are subject to income tax. Legislation is pending that may change this.

  • You can escape both income AND estate tax levied on the residual left in your retirement account by leaving it to the Red Cross.
  • You can continue to take withdrawals during your lifetime.
  • You can change your beneficiary if your circumstances change.
  • You can elect to leave retirement plan assets to the Red Cross through your will or revocable trust instead.
  • You can have the satisfaction of knowing that your hard-earned retirement assets will support the Red Cross when you are gone.

© 2004-2007 American Red Cross, Greater Cleveland Chapter
3747 Euclid Avenue   Cleveland, Ohio   44115-2596
Privacy Policy