Gifts of Retirement Assets
(Gift illustration)

How it works

You name the University of South Carolina or its affiliated Foundations as the beneficiary of your IRA, 401(k) or other qualified plan.

After your lifetime, the residue of your plan passes to the University of South Carolina or its affiliated Foundations tax-free.

Benefits

• You can escape both income AND estate tax levied on the residue left in your retirement account by leaving it to the University of South Carolina or its affiliated Foundations.
• Give the most-taxed asset in your estate to the University of South Carolina or its affiliated Foundations, and leave more favorably taxed property to your heirs.
• You can continue to take withdrawals during your lifetime.
• You can change the beneficiary if your circumstances change.

For more information

Email us, complete the personal illustration form, or call us at (803) 777-4196 so that we can assist you through every step of the process.

The University of South Carolina
Office of Gift Planning
University Development
1600 Hampton Street, Suite 738
Columbia, SC 29208
Phone: (803) 777-4196
Fax: (803) 777-9708
Email: giftplan@mailbox.sc.edu