A charitable gift annuity pays you a fixed income for life, a portion of which is non-taxable. You receive full credit of the fair market value of the gift along with a charitable deduction.
There are a variety of ways to fund a gift annuity
- Cash – Contributing cash is an easy way to fund a gift annuity. Simply send a check, wire transfer funds, or charge your credit card to give.
- Stock/Appreciated Securities – Funding a gift annuity with appreciated assets will avoid capital gains taxes. If you own stock with significant paper profits, using it to fund your gift annuity is a popular choice.
- Other – Please consult with your tax advisor or contact Easterseals NH.
Benefits
Attractive payment rates that never go down and are guaranteed income for life, for you and/or your beneficiary, with tax advantages.
Sample Payment Based on $10,000 Gift*
- Single life annuity, age 70: Payout rate of 5.7% = annual income of $570
- Double life annuity, ages 72 and 83, $10,000 gift: Payout Rate of 5.6% = Annual Income of $630
*Note: These figures are illustrations. Actual values depend on actuarial of annuitant’s exact value of assets contributed and current annuity rate/s.
For more information, please contact Kathy Flynn at [email protected] or 603.621.3413.