Gifts from Retirement Plans During Life (for donors aged 70½ or older)

Gifts from Retirement Plans During Life Age 70½+ Diagram

 

How It Works

  1. You instruct your plan administrator to make a direct transfer to Purdue Calumet
  2. Your plan administrator makes transfer of up to $100,000 to Purdue Calumet

Benefits

  • Your gift is transferred directly to Purdue Calumet and is excluded from your gross income*
  • Your gift will count towards your minimum distribution requirement
  • You support the programs that are important to you at Purdue Calumet

*No income-tax deduction is allowed for the transfer.

Next Steps