Harry Rohde Names Illinois Tech as a Beneficiary of His Retirement-Plan Assets
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For Harry Rohde (LAW ’59), leaving a legacy to Illinois Institute of Technology Chicago-Kent College of Law is both a tribute to his personal success and to his father. His bequest also protects his estate assets.
As the son of a Chicago-Kent alumnus and a former attorney with Chicago Title and Trust, Harry felt it was important to give back to the school. He named Illinois Tech a beneficiary of his retirement plan at his passing. He can continue to take his regular withdrawals. This form of planned gift also avoids the double taxation retirement savings could face if designated to heirs. For Harry, the choice was simple.
"I think we all know this school wouldn't be able to continue without financial support—and to the extent that one is able to give, I think it's an appropriate thing to do," Harry said.
To include Illinois Tech in your retirement plan, contact your plan administrator and request a change-of-beneficiary form. You can include Illinois Tech for a portion or all of your plan's assets and maintain the flexibility to change beneficiaries if your family's needs change during your lifetime. For more information, please contact us.
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