Immediate Annuities

 

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How It Works

  • Simply transfer cash or securities to the National Gift Annuity Foundation. Our minimum gift requirement is $20,000.
  • NGAF pays a fixed income for life to either 1) you, 2) you and a your spouse, or 3) any two beneficiaries you name.
  • Beneficiaries must be at least 55 years old.
  • The final residuum balance passes to NGAF and then is granted to your recommended charity(ies).
  • Are you younger than 65 years old?  Consider a deferred gift annuity for a higher payout.

Benefits

  • Receive dependable, fixed income for life, regardless of fluctuations in the market.
  • In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax-free.

 

 

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