Visions Fall 2005 Financial & Estate Planning Ideas for Friends of KQED p h o t o : N Rethinking Retirement Plans o r m a n V e A Strategic Way to Give r s h a y It has been over 20 years since the laws that would make it possible to make tax- were enacted that established 401(k) plans free transfers from IRAs — and from 401(k) and similar qualified retirement plans, and plans rolled over to IRAs — to fund out- nearly 23 years since individual retirement right charitable gifts or charitable life-income accounts (IRAs) were expanded to include plans, such as charitable gift annuities and most workers. The Baby Boomers will be charitable remainder trusts. the first generation to spend the bulk of If the Public Good IRA Rollover Act Joan Baez and Bob Dylan their working years under these types of (H.R.1607 and S.1366) passes, it will pro- Baby Boomer Block retirement plans and may also be the first vide more flexible opportunities to combine Return to the 60s with KQED to use them widely for charitable purposes. retirement planning and philanthropic TV September 26 through A gift of a lifetime goals. KQED will inform you in future September 29. Monday and communications if the IRA Rollover passes. Tuesday at 9 pm, KQED Some people find that as part of their airs the world premiere estate and financial planning, it makes Why wait of American Masters No Direction Home: Bob sense to designate a charity as beneficiary Using 1946 as the Baby Boom’s starting Dylan, A Martin Scorsese from what remains in their retirement plans point, the oldest members of this post-World Picture, which offers never- 1 before-seen footage from at the end of their lifetime. Because these War II generation turned 59 /2 this summer. Dylan’s childhood, the road, funds are included in the taxable estate This semi-birthday is important under and backstage, as well as and are also subject to income tax on various retirement plans, because it is the unreleased interviews conducted over the past receipt by the heirs (but not by charities), minimum age at which certain retirement 15 years with other seminal unused retirement plan assets are usually funds may be withdrawn without paying a figures from those times. a better choice for funding charitable gifts 10% penalty in addition to the income tax Wednesday at 8 pm, KQED airs Best of the Beatles, the while leaving other, more favorably taxed that would normally be due. untold story of the Beatles’ property to heirs. This is an extremely This means that even today, in most cases, formative years, from original Beatles drummer important strategy and should be outright gifts may be arranged from these Pete Best’s perspective. thoroughly discussed with your advisor. plans in a fashion that would, in effect, lead Get Up, Stand Up: The Story of Pop and Protest, Pending legislation to much the same tax result as under the proposed IRA Rollover. The charitable airs Wednesday at 9 pm, For the past few years, IRA rollover and The Sixties: The Years That Shaped a Generation (continued on page 4) legislation has been pending in Congress airs Thursday at 9 pm. Truly CA: Our State, Our Stories No Sweat SweatX and American Apparel, two new Los Angeles Inside: clothing manufacturers, are committed to creating • Donor Profile sweatshop-free clothing. In No Sweat, filmmaker Amie Williams follows these companies for one year, • KQED’s Radio Internship investigating whether they can survive in the tight Program s economic conditions that have sent so much of their m • Program Notes a i l l i competition overseas. No Sweat airs on Channel 9 W e i Sunday, September 25, at 6 pm. Visit www.kqed.org/dtv m A : o for air times on KQED Encore and KQED World. t o h p A SweatX worker A Doula Story A Doula Story follows the work of Loretha Weisinger, a community- based doula, or birth attendant, as she mentors and advocates for young mothers-to-be and their children in the Chicago West Side neighborhood where she once struggled as a teen mother. A Doula p u o Story will air on KQED Channel 9 on Sunday, October 2, at 5 pm. r G g n i l d n i K e h T : o t o h p Loretha comforts Shameeka through labor A Charitable Annuity: The Gift That Pays KQED Launches Two New Local Shows In exchange for a gift of $10,000 or more, KQED This fall, KQED will launch two new at 7:30 pm and Fridays at10:30 pm will offer you (or you and local weekly half-hour series in the 7:30 pm on KQED 9. KQED will follow the your spouse) fixed annual weeknight slot, The Josh Kornbluth Show broadcast premiere with another payments for life. and Check, Please! Bay Area. brand-new episode the following Your age (and that of your Josh Kornbluth, creator and star of the night, Tuesday, September 13, spouse) determines the annuity rate that KQED live one-man shows, Love and Taxes, Red also at 7:30 pm. The can offer. Diaper Baby, Benjamin Franklin: Unplugged, program can also be seen among others, and of the play and film, on KQED digital channels Some Sample Haiku Tunnel, hosts KQED’s new interview and will be available at Current Rates program, The Josh Kornbluth Show. In con- KQED On Demand. KQED.org Your Annuity versation with the known and unknown will also host a blog by Josh, Age Rate personalities that add flavor and spice to launching in early September. life in the Bay Area, Josh will delve beneath On Thursday, November 3, at 7:30 pm, 65 6.0% 75 7.1% the surface to reveal his guests’ driving KQED premieres Check, Please! Bay Area. 85 9.5% passions and explore their everyday lives. Based on a show out of Chicago, KQED’s 90 and over 11.3% Josh’s signature monologues will open and weekly restaurant review series features close every program, and each episode will Bay Area residents discussing their dining (COUPLES) also feature a “Wandering Josh” segment, experiences in a TV roundtable. Your Annuity in which Josh will venture out of the studio And don’t forget to watch these weekly Ages Rate into different parts of the Bay Area. local favorites on KQED 9 — Spark on 67/65 5.7% Kicking off a new era of local production Wednesdays and This Week In Northern 75/73 6.2% at KQED, the half-hour program premieres California on Fridays, both at 7:30 pm. 85/83 7.6% Monday, September 12, and will air Mondays 95/95 and over 11.1% You can make a gift using cash, stock, or mutual Conductor Gives Retirement Plan Assets funds. Your gift will bring you income for life and This year KQED went on to conduct in Canada and then in may benefit you by received a generous the U.S., later becoming a professor of music reducing your taxes. And it will provide meaningful bequest from the at the University of Arizona. Wishing to support to KQED. Leonard Pearlman live in an area of diversity and culture, For more information, please Trust, funded in part Dr. Pearlman retired about 10 years ago to return the enclosed reply by unused funds in the Bay Area, where he became a KQED card, or contact KQED’s Gift Planning department Dr. Pearlman’s member and took classes at U.C. Berkeley at (415) 553-2230 or retirement annuity until he died. He loved to read and traveled [email protected]. If you account. A native of extensively, and he enjoyed KQED’s news tell us your age(s), we will Winnipeg, Canada, and public affairs programs. The proceeds customize your proposal. You can also calculate Dr. Pearlman earned his medical degree at from Dr. Pearlman’s bequest will be added your own benefits with the University of Manitoba. However, his to the KQED Endowment to support the our online calculator at mother had introduced him early to music, kind of informative programming he valued www.kqed.org/giftannuities. and he learned that music was his true so highly. passion. He studied music in Vienna and 2 p h o t o : J e n Today’s Interns, Tomorrow’s Stars n y D p o h l l o t o On a typical day, a Forum intern will : J e n research program topics and conduct n y D o preliminary interviews of prospective l l guests. A Pacific Time intern, who may have traveled to San Francisco from outside the United States for his or her practical experience, will spend hours Legacy Society Members reading Asian news online to find an Take Pledge Calls interesting and underreported story. On August 4, Jonathan C. Radio News and The California Report Rice Legacy Society interns may search the Associated Press members took pledge p calls for KQED Channel 9. h o and various wires for breaking news, t o Barbara Sher joined the : N i accompany reporters on interviews and c dedicated pledge volunteers k o l a in the studio to talk about s gather sound, transcribe interviews, and M u her programs, Barbara Sher r r assemble the first cut of a radio segment. a Interns Aditi Chokshi and Ariana Pekary y – Creating Your Second Stacy Bond, a California Report producer, Life After 40 and Barbara KQED is actively training the next wrote in a recent email message thanking Sher’s Map to Success.