Did you know that you can support MMC's important educational mission by naming Marymount Manhattan as the partial or sole beneficiary of your IRA, 401(K), 403(B) or other retirement assets?
- Reduces taxes upon death
- Easily executed with a beneficiary designation form
- Supports Marymount Manhattan for years to come
Why use retirement assets to make a gift?
Since retirement plan assets may be subject to both income and estate taxes if left to heirs, estate planners often recommend that you designate all or a portion of the assets to a charitable organization like MMC. By leaving such assets to MMC, you can pass other assets to your heirs which may lower the tax burden.
How can I name Marymount Manhattan College as a beneficiary?
You should request a "change of beneficiary" form from your retirement plan administrator. On this form you can name MMC as sole or partial beneficiary, or you can name the College as a contingent beneficiary in case you are predeceased by your immediate beneficiary.
On the form list us as:
Marymount Manhattan College
221 East 71st Street
New York, NY 10021
Tax ID # 13-1628206