Higher Charitable Gift Annuity Rates!
Increase your retirement income and shape the Foundation for IUP’s future with a charitable gift annuity. Good news: the gift annuity rates are now the highest they’ve been in years.
How It Works
With a charitable gift annuity, you make a donation using cash, marketable securities or other assets, and we, in turn, pay you a fixed amount for life. With this gift you can boost your retirement income and feel secure because you receive reliable, predictable payments for as long as you live.
It’s a great time to contact Betsy Lauber at 724-357-3184 or email@example.com for a personalized illustration at no obligation.
Here’s an Example
Barbara, 72, transfers $25,000 in exchange for a charitable gift annuity.
With the old rates: Barbara received annual payments of $1,350, a rate of 5.4 percent.
With the new rates: Barbara receives annual payments of $1,450, a rate of 5.8 percent. This is a payout rate increase of approximately 7.4 percent.
|New Rate Charts (effective July 1, 2018)|
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|Age||NEW RATE||Old Rate||Age||NEW RATE||Old Rate|
- A partial income tax charitable deduction for your gift when you itemize.
- Part of each payment is income tax-free throughout your estimated life expectancy.
Tip: Consider Giving Appreciated Assets
Funding a gift annuity with appreciated assets, such as securities, will not only provide you with reliable payments for life and allow you to support the Foundation for IUP’s work, but it can offer financial benefits. You will receive a federal income tax charitable deduction (when you itemize) in the year the gift is made and eliminate part of the capital gains tax you would have paid if selling the securities.
Request Your Personalized Illustration
We would be happy to send you a free, no-obligation illustration showing you the increased benefits you can receive from a charitable gift annuity. Your personalized illustration will include your potential income tax charitable deduction and our annual payments to you for life. Contact Betsy Lauber at 724-357-3184 or firstname.lastname@example.org to begin.
All gifts accepted in accordance with the Foundation for IUP's gift acceptance policy.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.