Name IFA as a Charity Beneficiary of Your IRA
Designating Intercessors for America (IFA) as a beneficiary on your retirement account or life insurance policy is a simple way to support IFA without changing your will or living trust. Beneficiary designation gifts pass directly to IFA without going through the probate process and go right to work helping us serve a growing community of intercessors and providing vital prayer resources throughout the nation.
Many of our donor’s designate IFA as a beneficiary of all or a specified percentage of their IRA, 401(k), 403(b), or other retirement plan accounts.
Retirement plan assets are usually subject to high personal income tax rates when left to an individual. By donating to a charity all the money in these accounts can avoid taxes and be fully used in support of our mission.
How to name IFA as a beneficiary on your retirement accounts
Ask your retirement plan administrator or financial institution for a change of beneficiary form. Please list IFA as:
|Legal Name:||Intercessors for America|
|Address:||P.O. Box 915 Purcellville, VA 20134|
|Federal Tax ID #:||04-2576811|
Notify us of your beneficiary designation
Please let us know when you’ve made a beneficiary designation to IFA so that we can thank you.
To learn more, please contact us at (800) 872-7729. or [email protected].
Other ways to name IFA as a beneficiary
Bank and investment accounts & commercial annuities
You can leave a legacy by naming IFA as a Transfer-on-Death (TOD) or Payable-on-Death (POD) beneficiary on a bank or investment account, or a commercial annuity. Check with your financial institution to see if this option is available to you.
Life insurance policies
If you have a life insurance policy that is no longer needed for your family, designating IFA as a beneficiary is a simple way to support our work.