Beneficiary Designations: Retirement & Financial Accounts

One of the easiest ways you can make a long-term difference — without writing a check today — is by designating The ALS Association as a beneficiary of a financial account beyond your lifetime.

Having a comprehensive estate plan in place means having a will and or trust and ensuring your retirement and financial accounts have up-to-date beneficiary designations. Just as you’ll designate your loved ones as beneficiaries of your retirement or life insurance policy, you can designate your favorite charities as beneficiaries in-line with your values and vision for the future.

Such a simple act can have a profound mission impact.

Common Account Types

Retirement Plans

Donate from your 401(k), 403(b), or IRA after your lifetime to avoid potential double taxation if given to heirs.

Life Insurance Policies

Just 10% of the average life insurance policy can be a substantially larger gift than most people can make during their lifetime

Stocks and Investments Accounts

Donate appreciated assets after your lifetime free from capital gains tax.

Bank Accounts

Donating from what’s left in your account(s) could reduce estate and inheritance taxes.

Donor-Advised Funds (DAF)

Ensure that your funds designated for charity all go to charity.

United States Savings Bonds

Donate savings bonds to save your heirs from excess taxation.

It’s a Simple Process

1. Log-in to or contact the institution that manages your retirement, brokerage, or other account.

2. Complete a beneficiary designation form online or request that they mail you the form.

3. Include our details in the form:

LEGAL NAME: The ALS Association
TAX ID NUMBER: 13-3271855
ADDRESS: 1300 Wilson Blvd., Suite 600, Arlington, VA 22209
PHONE: (888) 226-5185
EMAIL: [email protected]

4. Submit the completed form to your financial institution – and that’s it! The process could take as little as five or ten minutes.

Need Additional Information?

The information presented here is for educational purposes only. Always consult a legal or tax advisor to determine what is best for you.