Securities
© Harold E. Malde
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Gifts of long-term appreciated stock or mutual funds offer a quick, easy and tax-efficient way to make a lasting contribution to The
Retirement Resource Organization. Your gift will help the Organization provide
material and financial assistance to retirees and caregivers around the nation.
Please take a moment to notify us prior to every stock transfer in order for us to accurately identify, allocate and acknowledge your gift.
Benefits
- Income Tax Savings – You can take an income tax deduction of up to 30 percent of your adjusted gross income. The excess can be carried forward for up to 5 years.
- Capital Gain Tax Savings – Avoid capital gain taxes you would have incurred if you had sold the security.
- Receive Income – By funding a life-income gift with securities, you could receive income during your lifetime.
- Leave A Legacy – Your gift will ensure future
generations will have assistance and resources available.
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Making A Gift
Please contact us if you would like to donate mutual funds.
How It Works
Sam purchased $5,000 worth of ABC Stock which is now worth $10,000. He can use this $10,000 to make a gift to the
Organization and realize the tax savings. Sam may take a $10,000 charitable deduction on his federal income taxes, saving between $1,000 to $3,500 in federal income tax (depending on his tax bracket) and avoiding a capital gain tax of $750.
Information provided on our Internet site is not intended to be tax or legal advice. Please consult a qualified legal or financial advisor before making a gift.
| The Retirement Resource Organization, Inc. is a tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code.
Donations are tax-deductible. | |
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