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Gift of IRA Contribution

Most retirement plans, including 401(k)s and IRAs, are income tax–deferred, meaning that income tax is not paid until the funds are distributed to you in life, or upon your death. This taxation makes retirement assets among the most costly assets to distribute. Because they are subject to income taxes to your beneficiaries, retirement assets make ideal gifts to tax-exempt charitable organizations such as Clare Oasis. You may be able to donate your Individual Retirement Assets (IRA) to Clare Oasis during your lifetime. Please consult with your trusted financial representative or tax advisor to learn more about gifting your IRA to Clare Oasis.



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