Did You Know?
Support LVGH with Planned Giving
IRAs, 401(K), 403(B) and other retirement accounts grow tax-deferred, often becoming quite large over the years. Unlike other types of investments, funds withdrawn from retirement accounts can be taxable to you and, eventually, to your heirs.
Designating Literacy Volunteers of Greater Hartford as the beneficiary of your retirement account will remove it from your estate for federal estate tax purposes. Plus, there is no income-tax assessed against your estate or your heirs when the funds are transferred to LVGH, allowing you to avoid multiple taxes. For more information, please contact your financial advisor. For information regarding LVGH’s planned giving program, please contact Diane Klingman.