Can a
Charitable Gift Annuity Benefit You?
Is it really possible to make a significant gift to support the
humanitarian work of the American Red Cross and increase your current
income? For many people at the older ages, the answer is "yes."
The Charitable Gift Annuity is a contractual agreement between one
or two individuals and a charity. The donor transfers assets* to the
charity, and in exchange, receives a fixed, guaranteed income for life.
Gift annuities offer:
- Lifetime income (a portion is non-taxable)
- Current income tax savings
- Possible estate tax savings
- The satisfaction of having helped the Red Cross help someone in
the future
*$5,000 minimum
Sample Gift Annuity Rates
(Rates increase with age)
Age of Donor Annuity Rate
|
65 |
7.2% |
|
70 |
7.7% |
|
75 |
8.4% |
|
80 |
9.4% |
|
85 |
10.5% |
|
90+ |
12.0% |
For additional information, call 302-472-6251 or (800) 777-6620 ext. 6251.
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