Retirement Plans

You may wish to designate Chabad of SW Coral Springs as a beneficiary of your retirement plan. IRA's, 401k's, Keogh Plans and others are subject to both estate and income taxes. Consider designating Chabad as a beneficiary. This outstanding gesture gives the Jewish Community a substantial donation at a minimum cost to your family.

How to Designate Chabad as a Retirement Plan?

• Request a beneficiary change form from your retirement plan administrator and designate Chabad as the beneficiary.
• Designate Chabad as the beneficiary of your retirement plan.
• This gift avoids both income and federal taxes.
• This type of gift is easy and can be done at no cost.
• You can continue to take withdrawals during your lifetime
• You can always change your beneficiary if circumstances change.
• Avoid the low payout of some IRAs, which sometimes pay your children 30 cents on the dollar, with a generous donation to our local Chabad Center.
• Chabad will receive 100 percent of your gift to encourage Jewish continuity.

If you are considering to leave a retirement plan to benefit the Jewish Community, please fill out the attached Declaration of Intent, so we can properly recognize you as a member of the Jewish Legacy Society.