Charitable Gift Annuities
Charitable gift annuities through Northwest Christian Community Foundation can provide you with a reliable, consistent stream of income for life while also benefiting the ministry of Northwest Christian Community Foundation. Gift annuities provide fixed payments for the life of one or two individuals.
Features
- Payout is fixed and never varies.
- Payout rate based on age – older the recipient, higher the payout rate.
- Portion of each payment may be tax free.
- Income tax deduction available when annuity is established.
- Capital gains, if applicable, are spread over the life of the annuitant.
Variations
- Deferred gift annuity for retirement planning.
- Elective commencement date deferred annuity.
- Installment payment gift annuity.
| Gift Annuity Rates |
|
| Age |
One Life |
Two Life |
|
| |
|
|
|
| 60 |
4.4% |
3.9% |
|
| 65 |
4.7% |
4.2% |
|
| 70 |
5.1% |
4.6% |
|
| 75 |
5.8% |
5.0% |
|
| 80 |
6.8% |
5.7% |
|
| 85 |
7.8% |
6.7% |
|
| 90 |
9.0% |
8.2% |
|
Income is partially tax-free, so the yield is much greater when compared with a taxable investment vehicle.
For more information about charitable gift annuities, contact NCCF at 503-892-6264. Financial and tax deduction calculations, customized gift plan proposals and counsel are available at no charge or obligation.
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