Charitable Gift Annuity
The following rate charts illustrate the potential benefits of a $20,000 charitable gift annuity for one or two beneficiaries.*
One Beneficiary
| Age |
Annuity Rate |
IRS Discount Rate |
Annual Income |
Income Tax Deduction |
| 65 |
6.0% |
3.0% |
$1,200 |
$4,679.20 |
| 70 |
6.5% |
3.0% |
$1,300 |
$5,964.00 |
| 75 |
7.1% |
3.0% |
$1,420 |
$7,375.80 |
| 80 |
8.0% |
3.0% |
$1,600 |
$8,700.00 |
Two Beneficiaries
| Age #1 |
Age #2 |
Annuity Rate |
IRS Discount Rate |
Annual Income |
Income Tax Deduction |
| 65 |
68 |
5.7% |
3.0% |
$1,140 |
$2,555.60 |
| 70 |
75 |
6.1% |
3.0% |
$1,220 |
$4,384.40 |
| 75 |
77 |
6.6% |
3.0% |
$1,280 |
$5,681.60 |
| 80 |
85 |
7.3% |
3.0% |
$1,460 |
$7,527.60 |
*These figures are for illustration purposes only and are subject to change. They will change based on your age, the size of the gift used to fund the annuity, the number of beneficiaries, the
current annuity rates and the current IRS mandated discount rate.
Charitable Gift Annuity
Information provided on our Internet site is not intended to be tax or legal advice. Please consult a qualified 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. | |
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