Giving from Your 401k or IRA Retirement Plan

Gift of Retirement Plan Diagram

You've worked hard and planned for retirement. Now, with a little creativity, you can leverage your retirement assets to benefit you and your family, reduce federal taxes, and support Nourishing Hope far into the future.

How It Works

  • Name or designate Nourishing Hope as a beneficiary of your IRA, 401(k), or other qualified retirement plan.
  • Pass the balance of your retirement assets to Nourishing Hope by contacting your plan administrator.
  • Important! Tell Nourishing Hope about your gift. Your plan administrator is not obligated to notify us, so if you don't tell us, we may not know.

Benefits

  • Continue to take regular lifetime withdrawals.
  • Maintain flexibility to change beneficiaries if your family's needs change during your lifetime.
  • Your heirs avoid the potential double taxation on the assets left in your retirement account.

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Nourishing Hope Exists Because of the Support of Our Neighbors.

Providing the equivalent of 4.5 million meals each year, plus thousands of mental wellness and social services that empower healthy lives, Nourishing Hope strives to create a city where all people have the resources needed for a dignified life. Join us today!

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