Charitable Gift Annuity Rates Are Higher This Year!
Increase your retirement income and shape The Trust for Public Land’s future with a charitable gift annuity. Good news: the gift annuity rates are now the highest they’ve been in years.
How It Works
With a charitable gift annuity, you make a donation using cash, marketable securities or other assets, and we, in turn, pay you a fixed amount for life. With this gift you can boost your retirement income and feel secure because you receive reliable, predictable payments for as long as you live.
It’s a great time to contact Christine Lambert Pentino at 202-543-7552 or Christine.Pentino@tpl.org for a personalized illustration at no obligation.
Here’s an Example
Barbara, 72, transfers $25,000 in exchange for a charitable gift annuity.
With the old rates: Barbara received annual payments of $1,350, a rate of 5.4 percent.
With the new rates: Barbara receives annual payments of $1,450, a rate of 5.8 percent. This is a payout rate increase of approximately 7.4 percent.
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- A partial income tax charitable deduction for your gift when you itemize.
- Part of each payment is income tax-free throughout your estimated life expectancy.
Tip: Consider Giving Appreciated Assets
Funding a gift annuity with appreciated assets, such as securities, will not only provide you with reliable payments for life and allow you to support The Trust for Public Land’s work, but it can offer financial benefits. You will receive a federal income tax charitable deduction (when you itemize) in the year the gift is made and eliminate part of the capital gains tax you would have paid if selling the securities.
Deferred Charitable Gift Annuities
If you are under age 65, or if you don’t need your payments to start right away, you can establish a deferred charitable gift annuity and receive even higher payout rates.
Request Your Personalized Illustration
We would be happy to send you a free, no-obligation illustration showing you the increased benefits you can receive from a charitable gift annuity. Your personalized illustration will include your potential income tax charitable deduction and our annual payments to you for life. Contact Christine Lambert Pentino at 202-543-7552 or Christine.Pentino@tpl.org to begin.