Northern Arizona University

Retirement Plan Assets

A future gift to NAU with tax savings for your heirs.

After providing for yourself and your family, a gift to the NAU Foundation of retirement plan assets can be a very tax-effective way to support NAU. You can designate that the Foundation receive any remaining assets of your IRA, KEOGH, TIAA-CREF, or other qualified pension or profit-sharing plan. By doing so, you maintain complete access to the assets during your lifetime, and any gifts that later come to the Foundation can be deducted from your taxable estate, possibly saving your heirs from significant estate and income taxes.

Your pension plan administrator or financial institution can provide you with the necessary form to designate the Northern Arizona University Foundation as a successor beneficiary. If you are considering a gift of retirement assets, please contact the Foundation so we may discuss with you the eventual use of your gift and describe the special tax savings for you and your family.

Benefits of gifts of retirement plan assets:

• No negative impact on your current assets.

• Can reduce estate tax and potential income tax to heirs.

• Gifts can be designated for NAU program or purpose of your choice.