SHAPING THE FUTURE
“Education has been everything. We are fortunate and need to offer someone else the opportunity of education.” – Stanley (’54) and Rosemary Jones, whose planned gift along with generous current gifts, are providing scholarships for first-generation students in STEM programs.
Read their story at: https://j.mu/jones
RETIREMENT PLANS Did you know that your retirement funds, including IRAs, 401(k)s, 403(b)s and pensions, can be hit with heavy income and estate taxes when paid to your heirs? The good news: They are tax-free when given to JMU. You can make this gift by contacting the custodian of your retirement plan to complete the beneficiary designation form. You may be able to continue taking regular withdrawals during your lifetime. LIFE INSURANCE POLICIES If you are carrying more insurance coverage than your family obligations now require, consider using life insurance to create a meaningful legacy at JMU for relatively little cost. When you transfer ownership of a paid-up policy, you’ll receive a significant income tax deduction, and JMU can decide when to cash it in. Or simply name JMU as a beneficiary or partial beneficiary.
If you’ve already made a planned gift to JMU, thank you. PLEASE NOTIFY US so we can ensure your wishes are honored at 540-568-8939.
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