Designating Berkeley as a remainder beneficiary of retirement accounts is a tax efficient way to support campus.
How it works
- You name Berkeley as a beneficiary of your IRA, 401(k), or other qualified plans.
- After your lifetime, all or a portion of the remaining assets in your plan pass to Berkeley tax-free.
How you benefit
- You can continue to take distributions from your retirement accounts during your lifetime.
- You can create a tax-efficient estate plan by leaving other assets to your loved ones, which are not subject to both income and estate tax.
- You can change your beneficiary designation at any time.
How to give