Younger Than 65? Consider a Deferred Annuity
Younger Than 65? Consider a Deferred Annuity
Younger Than 65? Consider a Deferred Annuity
As a younger donor, still in high-earnings years, you are still saving for retirement and also trying to lower your taxable income. Heres how it works:
- TRANSFER cash or securities to the National Gift Annuity Foundation. Our minimum gift requirement is $20,000.
- RECEIVE an immediate charitable income tax deduction and potential savings in capital gains and estate tax
- COLLECT life-time fixed payments (beginning on a specified future date) for 1) you, 2) you and a your spouse, or 3) any two beneficiaries you name. Note: beneficiaries must be at least 55 years old.
- SUPPORT your recommended charity(ies) with the final residuum balance via NGAF.