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Loyola University Chicago

Gift Planning

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Gifts from retirement plans during life—IRA rollovers
(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 of up to $100,000 to Loyola
  2. Plan administrator makes transfer as directed to Loyola

Benefits

  • Your gift is transferred directly to Loyola 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 Loyola

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

Next steps

 

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Loyola

Advancement Division
820 N. Michigan Ave., Chicago, IL 60611
800.424.1513 · plannedgiving@LUC.edu
Notice of Non-discriminatory Policy