Gifts That Provide Income

Charitable Gift Annuity (minimum gift $10,000)

  • Guaranteed lifetime income (much of it tax-free) to one or two persons age 60+
  • Charitable income tax deduction the year you make the gift
  • Reduced capital gains tax if funded with appreciated securities
  • By deferring income payments for at least a year, you receive a higher annuity rate

Charitable Remainder Trust (minimum recommended amount: $200,000)

  • Virtually unlimited number of income beneficiaries, with no minimum age
  • Greater flexibility in the types of assets you can transfer to the trust
  • Potential for significantly reduced tax burden: income, estate, capital gains

Annuity Rate Increase July 2018!

Westtown School, like most charitable organizations, uses the annuity rates issued by the American Council of Gift Annuities. Here are the new rates for one-life, immediate payout Charitable Gift Annuities at selected ages. Your specific rate is based on the number of annuitants (one or two) and their ages.

AGE

RATE

65

5.1%

70

5.6%

75

6.2%

80

7.3%

85

8.3%

90

9.5%

This information is general in nature and not intended as legal advice. Please talk to your legal or financial advisor about your specific circumstances.


Questions?
Ray Slater
Dir. Planned Giving
610.399.7917
Email
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