You can name Hadassah as a beneficiary of your savings accounts, CDs and other bank accounts by designating your account as Payable on Death (POD) to Hadassah. You can also name Hadassah as the beneficiary of your brokerage account by designating the account as Transfer on Death (TOD) to Hadassah. Most states recognize these types of accounts. POD and TOD accounts allow you to transfer assets to Hadassah after your lifetime. The funds will be distributed to Hadassah without going through probate.
IMPORTANT: Banks and other financial institutions will not try to contact the POD and TOD beneficiaries after the accountholder passes away. If you have named Hadassah as a POD or TOD beneficiary of a bank or brokerage account, please tell us! In addition, please provide the account information to your executor, attorney or other trusted individual and ask them to contact Hadassah after you pass away.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance. Hadassah’s criteria to establish a charitable gift annuity: minimum age: 60; minimum gift: $5,000. A copy of our most recently filed financial report is available from the Charities Registry on the New York State Attorney General’s website ( www.charitiesnys.com) or, upon request, by contacting the New York State Attorney General, Charities Bureau, 28 Liberty Street, New York, NY 10005, or us at 40 Wall Street, New York, NY 10005. You also may obtain information on charitable organizations from the New York State Office of the Attorney General at www.charitiesnys.com or (212) 416-8401.