Retirement Assets

Want to get the most value from your nest egg, protect your heirs from heavy taxes and make your mark at our organization? Consider leaving a portion of your retirement plan assets to the Congregational Church of Hollis.

How It Works:

If you die with retirement plan assets in your estate, those assets are subject to income taxes. This can reduce the amount that normally would be passed to heirs by up to 39.6 percent. In contrast, as a nonprofit organization, we are tax-exempt and eligible to receive the full amount and bypass any federal taxes. Income taxes can be eliminated or reduced through a carefully planned charitable gift. Consider these gift options:

  • Designate Congregational Church of Hollis as the primary beneficiary for a percentage (1 to 100 percent) of your retirement plan assets.
  • Designate a specific amount to be paid to us before the remainder is divided among family beneficiaries.
  • Make us the contingent beneficiary to receive the balance only if your loved one, as the primary beneficiary, doesn’t survive you.

Should you choose to give, please call 603-465-7797 or email giving@hollischurch.org to contact us.