Retirement Accounts

Giving through your retirement account is one of the most tax-wise ways to give. Your retirement assets, an IRA or other retirement accounts such as a SEP IRA, 401(k), 403(b), if left to your family (other than a spouse), will be subject to income tax in addition to any applicable estate tax. With a gift to Navian Hawaii, 100 percent of the funds are available for its charitable purposes. If you want to remember us in your estate plan, it is often better to leave other types of assets – cash, securities, real estate – to your heirs and give the more heavily taxed retirement asset to Navian Hawaii.

Navian Hawaii retirement life giving

IRA Charitable Rollover

If you’re 70–½ years old or older, an IRA charitable rollover is a smart way to make a tax-free outright gift to Navian Hawaii using your qualified retirement plan. This gift may also satisfy your required minimum distribution (RMD).

How Do I Qualify?

  • You must be 70-½ years old or older at the time of the gift
  • Gifts must go directly from your IRA to Navian Hawaii
  • Gifts must come from a traditional IRA or Roth IRA account
  • Gifts cannot exceed $100,000 per donor per year

Consult your IRA administrator’s website for a form to initiate a charitable IRA rollover, also known as a Qualified Charitable Distribution (QCD). Please contact us with any questions.

Life Insurance

If you’re still carrying a life insurance policy you or your family no longer needs, please consider donating it to Navian Hawaii. Your gift will help us further our mission. Transfer ownership of your paid-up insurance policy by naming Navian Hawaii as the irrevocable owner and beneficiary. You’ll receive an immediate charitable income tax deduction based on the current value of the policy.

You may find that you own certain assets outside of retirement accounts or life insurance that you wish to use for a gift to Navian Hawaii when you pass away. A simple beneficiary designation form known as “Pay on Death (POD)” or “Transfer on Death (TOD)” will accomplish this for you. You can use these forms for a brokerage account, bank account, certificate of deposit or other financial accounts that you want to come directly to Navian Hawaii upon passing and your estate will receive an estate tax charitable deduction for this gift.

For more information please contact us at 808-791-8084 or email