ANNUITIES

The benefits of planning compound when you utilize one of a number of strategies that generates income as well as provide a number of other attractive benefits.

The Gift Annuity is a great example of how a gift generates income for the donor. This is actually a contract between donor and a charity that is part gift and part annuity. In addition to the annuity payment, the donor receives a charitable income tax deduction and a portion of each annuity payment may be tax free.

In Giving You Receive

The Charitable Gift Annuity (CGA for short) is a planning tool that, at its heart, recognizes the fact that the rewards of giving begin with the desire to make a gift.

The Gift Annuity marks this decision with two things: the transfer of an asset from the donor to charity and the signing of a contract in which the charity agrees to make annual payments to the donor(s) for life.

In addition to the satisfaction inherent in the act of giving, the CGA adds a tangible benefit in the form of an attractive annual income payment. The specific rate is based on the age of the donor.

Deferred Charitable Gift Annuities are similar to gift annuities in that this type of annuity offers current tax benefits but defers or delays the payout until you or a designated loved one reaches retirement age. In exchange for delaying your payments, typically you receive a higher interest rate that is dependent on your age and the span of the deferral period.

Help us create hope in the life of a child in Nebraska. There are many ways to support Nebraska Children’s Home Society Foundation. Your donation makes a real difference.

For more information, contact Gary L. Nelson, NCHS Foundation Planned Giving Manager at gnelson@nchsfoundation.org or 888-345-1374.