- Consumers Union Retirement Plan Assets
- Did you know that you can support Consumers Union's mission by naming Consumers Union as the partial or sole beneficiary of
your IRA, your 401(K) or other retirement plan assets?
Why Retirement Assets?
Since retirement plan assets may be subject to both income and estate taxes if left to your heirs, estate planners frequently recommend that you designate all or a portion of these assets to a charitable organization like Consumers Union. By leaving such assets to Consumers Union, you can pass other assets to your heirs which may lessen the tax burden.
How can I Designate CU?
You should request a "change of beneficiary" form from your retirement plan administrator. On this form, you can name Consumers Union as sole or partial beneficiary, or you can name us as a contingent beneficiary in case you are predeceased by your immediate beneficiary.
On your beneficiary form, you should list Consumers Union as:
Consumers Union of United States, Inc.
Our address and tax identification number are:
101 Truman Avenue
Yonkers, NY 10703
Tax ID #13-1776434
How Can I Find Out More?
Contact Ed Pitaro at (914) 378-2647 or epitaro@consumer.org. Or write to Ed at:
Ed Pitaro
Planned Giving Associate Director
Consumers Union
101 Truman Ave
Yonkers, NY 10703
This is not legal advice. Any prospective donor should seek the advice of a qualified estate and/or tax professional to determine the consequences of his or her gift.