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Gift of Retirement Assets
If you are like most people, you probably will not use all of your retirement assets during your lifetime. Make a gift and help further our mission.
Leave your retirement assets to us
Did you know that 50%-60% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis (such as real estate and stock) and give the retirement assets to Lakewood Church. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.
How to transfer your retirement assets
Your retirement assets may be transferred to Lakewood Church by completing a beneficiary designation form provided by your plan custodian. If you designate Lakewood Church as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
