It’s easy to name the Watertown Community Foundation as the beneficiary of a life insurance policy or retirement plan, such as an IRA, 401(k), or 403(b).

Simply complete a beneficiary designation form with your insurance policy provider or with the administrator of your retirement plan.

The Foundation can be designated as a partial (1-99 percent), whole, or contingent beneficiary, while the Foundation’s tax-exempt status enables your gift to be tax-free.

Why Consider This Gift?

• Your make a meaningful impact on the Watertown community without withdrawing money from your bank account.

• You remove assets from your estate and reduce the tax liability on your heirs.