Growth & Income Fund (pending)
© Connie Gelb
|
When you contribute to The Retirement Resource Organization’s Growth & Income Fund, your gift is pooled with those of other donors, and you receive a pro rata share of the fund’s dividends and interest. This fund aims to provide a modest level of income initially, but to increase income over time through future growth of principal. This type of gift is best for those who want growth of income over time. Ultimately your gift will help us
provide material and financial assistance to retirees and caregivers around the
state.
Benefits / Gift Requirements
-
Regular Income – You and/or a beneficiary will receive quarterly income payments (payments may vary with market conditions).
-
Immediate Tax Savings – When you make a gift to the Growth & Income Fund, you can take an income tax charitable deduction in the year you make the gift. If you fund your gift with appreciated securities, you can avoid capital gain taxes you would have paid had you sold the asset.
-
Leave a Legacy - Your gift will ensure
retirees and caregivers will be helped across future generations. Become a Legacy Club member.
-
Minimum Age – 50
-
Minimum Dollar Amount - $5,000 in cash or securities (except tax exempt bonds)
Smart Retirement Strategy – you can supplement your retirement by making a gift now and receiving income that has the potential to increase over time.
How It Works (example)
Sally, age 55, wants to ensure she has enough income during her retirement years. So she makes a gift of $25,000 to our Growth & Income Fund understanding that the fund is designed to grow over time. She will receive an annual payout for life, and her first payment will be approximately $862.50 but should increase over time. Her income tax deduction will be approximately $11,547.75.
Planned Giving Calculator - Calculate your own potential benefits from our Growth & Income Fund.
Contact Us
Would you like more information on our Growth & Income Fund, other gifts that provide income or becoming a Legacy Club member? Please contact us, e-mail
legacy@retirement-resource.org
or call us toll-free at (877) 855-3718.
If you would like a personalized proposal for our Growth & Income Fund, please let us know the date(s) of birth of the income beneficiary(ies) and the amount you are considering.
Gift Planning Home | Life-Income Gifts Home | Comparison of Giving Options | Contact Us
Information provided on our Internet site is not intended to be tax or legal advice.
Rates used in examples are for illustrative purposes only. Please consult a qualified legal or financial advisor before making a gift.
| The Retirement Resource Organization, Inc. is a tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code.
Donations are tax-deductible. | |
|
