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Beneficiary For 401k Chairty

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Naming a charity as the beneficiary of your IRA or 401(k) is straightforward. Simply request a beneficiary designation form from your plan administrator, complete it, and submit it to officially assign the charity to receive the assets. While you can withdraw retirement funds, pay taxes, and donate the after-tax amount, this method often offers little tax advantage. https://www.federalpensionadvisors.com/post/beneficiary-for-401k-chairty

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