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Charitable Gift Annuity
(A Benefit of Aging)
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How it works
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You transfer cash or securities to the Archdiocese. |
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The Archdiocese pays you, or up to two annuitants you name, fixed income for life. |
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The principal passes to the Archdiocese when the contract ends. |
Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the assets of the Archdiocese.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and the Archdiocese later.
For more information
Email us, complete the personal illustration form, or call us at (206) 748-7984 or (800) 752-5902 so that we can assist you through every step of the process.
