Life Well Spent
The Charitable Gift Annuity has special benefits for both you as the donor and for Love Worth Finding Ministries. Here are some of the benefits you will receive:
- A pro-rated charitable income tax deduction for itemized deductions to reduce your income tax.
- A
quarterly, fixed-amount income, based on your age, for your lifetime
(see illustration below). - Some of the income you receive is non-taxable for several years.
- May be written for either a Single-Life or Two-Lives-Joint and Survivor.
- At the end of your life, Love Worth Finding will receive the remainder benefit from your annuity account to share the Gospel of Jesus Christ.
Need more information? Contact Bob Dawkins for additional information on Charitable Gift Annuities.
Illustration
Single Life Rates determined by American Council of Gift Annuities
70 years 5.1%
75 years 5.8 %
80 years 6.8 %
