Return rates for charitable gift annuities (CGA) increased this year, making 2023 a great time to consider setting up a CGA and locking in these new rates! A CGA benefits you now and your church or favorite ministry later.
Benefits of a Charitable Gift Annuity:
- Designate future support for your church or other charities, programs, or institutions
- Ability to receive a current income tax deduction
- Receive annuity payments for life with a portion being tax free
- Ability to avoid a portion of capital gains tax when funding a gift annuity with appreciated stock
- Receive rates determined by your age when the gift is created; these rates will not change
- Increase present cash flow depending on your age
- View the Charitable Gift Annuity brochure
For more rates and a FREE illustration of the payout and tax benefits for a charitable gift annuity, contact the Foundation office at [email protected] or 334-793-6820.
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