Comparison Chart
Projection for testamentary gifts from a retirement plan account. Assume total estate is taxable and 48 percent estate tax and 35 percent income tax brackets are applicable.
| GIFT TO FAMILY |
Beginning Balance in
Retirement Plan |
$100,000 |
| Less: Estate Taxes |
$48,000 |
| Less: Income Taxes |
$18,200 |
Net After-Tax Amount
Available for Gifts |
$33,800 |
| GIFT TO CHARITY |
Beginning Balance in
Retirement Plan |
$100,000 |
| Less: Estate Taxes |
$0 |
| Less: Income Taxes |
$0 |
Net After-Tax Amount
Available for Gifts |
$100,000 |
