Saratoga Federated Foundation
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| Qualified Retirement Plans are the principal retirement savings
vehicle for most families. Individuals contribute thousands of
dollars to their plans each year, often tax-free, making these plans
their largest single asset by the time of their retire. Yet, the
death of the participant can result in high taxation of these
assets. Unlike almost any other asset, the value of retirement plans
are typically subject to taxation as ordinary income in addition to
estate tax. For plans left to anyone other than a spouse, these
combined taxes can easily approach 70%. |
| Retirement plans make excellent charitable gifting vehicles
because estate tax and income tax savings can pay for most of the
gift. |
| To designate part or all of a retirement plan for Saratoga
Federated, take these simple steps. |
- Contact your plan administrator, by obtaining the name and
address from your employer, or your own records.
- Obtain a copy of the designation of beneficiary form, and list
SFC for whatever share of the balance you desire.
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Contact
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Accounting Manager
Saratoga Federated Church
14370 Saratoga Avenue
Saratoga, CA 95070
Phone: 408-867-1000 x241
FAX: 408-867-6012 |
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