Name Lighthouse Guild as a beneficiary to all or part of your financial accounts, retirement assets, or life insurance policy. Retirement plan funds such as IRAs, 401(k), 403(b), and pension plans remain tax-efficient assets to use for charitable giving because these assets are often subject to income tax upon distribution, but are not taxable when directed to charity.
Beneficiary designations are easy to make. Just contact the institution that manages your account or policy and request a change of beneficiary form. After you complete the form, send it to your institutional manager and send a copy to Lighthouse Guild so we have a record of your intended gift and can properly thank you.