Charitable Gift Annuities

A Charitable Gift Annuity is a donation of a capital sum to a charitable organization in return for regular payments at a specified rate for life.

This transaction is set up so that a minimum of 50% of the principle amount of the annuity is available to the charity following the death of the annuitant(s).

Benefits of a CGA:

Very attractive rates
Rates are locked for life
A large part of payments are tax exempt
Annuity includes a sizable a one-time tax receipt when created

Contact one of our members about an Annuity today!