Make CRS Your Retirement Fund Beneficiary
Naming Catholic Relief Services as a beneficiary of your IRA, 401(k), 403(b) or other qualified plan is a simple procedure that has a lasting effect on the lives of the men, women and children CRS serves around the world.
Here's what you do:
Request a beneficiary designation form from your plan administrator.
Complete the form and return it to your plan administrator.
You can continue to make withdrawals from your retirement plan throughout your lifetime. You can also change the beneficiary at any time if family circumstances change.
If you are considering making a change to your retirement plan, please discuss the change with your professional advisors and your plan administrator.
You can also make CRS the beneficiary of your non-retirement financial accounts, such as savings or investment accounts. Simply request a beneficiary designation form from your bank or brokerage firm.
Note: Beneficiary designations made during your lifetime fall outside of the probate process and trump changes named through your will. Please be sure to talk to your estate attorney about this distinction.
Read about the importance of protecting your digital assets in our ongoing column, Pathway to Planning.
To Learn More:
If you'd like to learn more about designating Catholic Relief Services as a beneficiary of your retirement plan, we're here to help! Please contact CRS Planned Giving:Erin Mathews, Planned Giving Specialist [email protected] 800-235-2772, ext. 7409