Beneficiary designations can be made for:
- Retirement plans, such as an IRA, your 401(k), 403(b), etc.
- Life insurance policies
- Bank and brokerage accounts.
A beneficiary designation is a simple way to protect the future of human rights. After your lifetime, these assets will transfer directly to Amnesty International USA (AIUSA) without going through probate.
Once you decide to designate AIUSA as a beneficiary, simply provide the address and tax identification number, as follows, on your beneficiary designation form.
Amnesty International of the U.S.A., Inc.
5 Penn Plaza, 16th Floor
New York, NY 10001
Tax ID# 52-0851555
Tax Note: Gifts of life insurance policies and retirement plans are considered non-probate assets and automatically bypass probate court. If these assets pass to your heirs, they are subject to potential income taxes. Designating AIUSA as a beneficiary of your life insurance policy or retirement plan may allow you to avoid these taxes, resulting in a larger gift to be used in our life-saving work, and a reduction in your estate taxes.