March 7, 2018- Gifts of Retirement Assets: Tax Considerations, Recent Legislation, and Much More!

Gifts of Retirement Assets: Tax Considerations, Recent Legislation, and Much More!

Assets held in retirement accounts represent over 40%* of the value of all public U.S. companies! Not only is the value of the assets Americans hold in retirement plans almost unimaginably huge, but these assets can be among the most tax-efficient and therefore attractive sources of charitable gifts. They also raise tax issues that most other types of assets don’t. This presentation will first answer the question: “What are retirement plan assets?” It will then explore the possibilities for giving retirement plan assets during life and at death, including the tax considerations in each case and the latest on the status of charitable IRA rollover legislation.

* As of June 30, 2017, Americans held $26.6 trillion in their retirement plans, of which $8.4 trillion were in IRAs and another $7.5 trillion in 401(k)s.

Speaker: Jeff Lydenberg, Vice President, Consulting, PG Calc, Cambridge, MA

Jeff is a planned giving consultant to non-profits large and small in a variety of fields. He has been with PG Calc since 1999 and, in this role, he has advised planned giving programs on staffing and development of policies and procedures, trained boards and planned giving staff on planned gift design, created planned giving marketing plans, and designed marketing materials for planned giving programs. Prior to entering the field of planned giving, Jeff practiced law for six years with the Cleveland-based law firm of Thompson, Hine and Flory in its Cincinnati office. Jeff’s planned giving career began at The Cleveland Clinic Foundation in 1995 where he was the Assistant Director of Planned Giving for five years.

Jeff has a BA in American Studies from Kent State University and a JD from Case Western Reserve School of Law. Jeff is a frequent speaker at local, regional, and national planned giving groups. He has presented to planned giving councils around the country on gift annuities, bequests programs, estate planning for gift planners, creative uses of planned gifts and a wide variety of other estate planning and gift planning topics. He is the former programming chair for the Planned Giving Group of New England (PGGNE) and is currently a member of the Greater Cincinnati Planned Giving Council. In 2013, he served as Board Chair of the Partnership for Philanthropic Planning (PPP) the predecessor to the Association of Charitable Gift Planners.

Thank you to our event sponsors:

Members: $27.00

Non- Members: $35.00

This program has been approved for 1 CFRE Point

This program has been approved for 1 general CLE