Retirement Plan Gifts

During your lifetime

Making a gift to the Metropolitan Opera from your retirement plan may offer unique planning opportunities. The law allowing charitable IRA rollovers has been extended until December 31, 2011, creating tax advantages for gifts made from your IRA during your lifetime.

Specific requirements must be met. For more detailed information, please call our Planned Giving office at 212.870.7388, or email encoresociety@metopera.org.

In your estate plans

More than any other asset in your estate, qualified retirement plans of many types (IRAs, KEOGHs, 401Ks, etc.) may be the best source of funding a tax-wise gift to the Metropolitan Opera. Your heirs could incur two separate taxes, estate and income, should you leave those assets to them. Because the Met's charitable tax status exempts it from taxes, it might be more advantageous to leave the retirement plans to the Met and leave other assets to your heirs.