[word=retirement] [lemma=plan] [□=□]
[word=retirement] [lemma=plan] [tag=□]
[word=retirement] [lemma=plan] [lemma=□]
Funding a charitable remainder trust upon your death with retirement plan assets can be especially attractive . In fact , less than half of workers age 45 or older say they have given " a lot " of thought to their retirement planning needs . In order to accumulate retirement plan assets , Faculty may choose from among several investment options that include : a fixed annuity with rates adjusted quarterly ( TIAA ) , a TIAA Real Estate Account , and / or variable annuity selections including stock , money market , equity index , growth , global equity , social choice , life cycle and bond market accounts ( CREF ) . Additionally , Faculty members who receive TIAA-CREF retirement plan contributions from the College will continue to have premiums remitted in the amount of 10 % of base monthly earnings as of the date disability benefits are approved . 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 . " ( C ) ompensation " shall include remuneration for services , vacation , holiday and severance pay , sick leave , workmen 's compensation and employee insurance , social security taxes and retirement plan costs , and such other benefits in return for services performed . Planned gifts include life income gifts such as charitable gift annuities , pooled income funds and charitable remainder trusts ; property gifts such as retained life estates ; wealth transfer plans such as charitable lead trusts ; and estate gifts such as bequests , life insurance and retirement plan assets . Maximize Tax Deferral Calculate TDA Contribution LimitsIf you want to max out your retirement plan contributions but you do n't know just what the max is , use this tool.TDA Advantage CalculatorPutting money in a tax-deferred annuity builds your retirement savings while reducing your taxable income . Under current tax law , if you leave your retirement plan assets to heirs , those assets are first subject to estate taxes , then to income taxes — frequently resulting in a combined tax burden of over 70 % . Software can be used by financial professionals , including stockbrokers , bankers , financial planners and insurance agents for money planning , tax planning and retirement planning purposes . Potential choices include cash , retirement plan contributions , vacation days , and insurance .