Retirement Plans and IRAs

You can make a difference at Loveland Habitat now or for future generations with a tax-wise gift from your retirement plan or IRA. Here’s why: a retirement plan or IRA is typically the largest source of assets that generate taxable income when paid to a beneficiary. More than one-half of your retirement plan could be subject to  income and estate taxes. Therefore, if you are considering a gift to Loveland Habitat after your lifetime, it is usually better to leave taxable assets to us and give nontaxable assets to your loved ones.