Retirement Plans
Ask your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form.
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Work and prayer since 1874Designate and Donate—IntroductionYou can support our mission without reducing your income or diminishing your savings. Think about using assets that can be transferred to Benedictine Sisters of Perpetual Adoration without legal expense. You may have bank investments, retirement, insurance, stock, or mutual-fund accounts that you can use to accomplish your charitable goals. All of these assets can be transferred by completing a P.O.D. (Payable on Death) or T.O.D. (Transfer on Death) form. Some companies also call these beneficiary designation forms. This completed form tells the account custodian what to do with the account after your passing. You can name Benedictine Sisters in your long-term plans today without a negative impact on cash flow or lifestyle. Keep it simple and savvy. Ask your bank for a P.O.D. form. Ask your retirement plan, investment account or insurance company for a T.O.D. form. Designate and donate with any of these assets. It takes less than five minutes of your time. Retirement PlansAsk your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form. Stocks and Investments Fund AccountsAsk your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form. United States Savings BondsGift savings bonds to your favorite charity, and save your heirs from excess taxation. Life InsuranceAsk your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form. Bank AccountsAsk for a P.O.D. form, and have what's left in your checking or savings transferred to charity. Jointly Held AccountsYou may have a loved one as a joint account owner. You can still designate and donate. |
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