Put Investments To Work For You!
September 6, 2017
Are you unsure about the future of your fluctuating investments? Wouldn’t it be nice to find a sure answer to meeting your target income goals through retirement? One way to have certainty about your future is to create a charitable gift annuity.
Through a gift annuity agreement with Prairie View, we promise to pay you a fixed income starting now or in the future. Your payments never change and a portion of your income could be tax-free. Eventually your gift becomes a legacy that helps Prairie View transform the lives of those struggling with mental health and addictions.
How does a charitable gift annuity work? Let’s say you are 78 years old. Your gift annuity rate, based on age, might be 6.4%. If you fund a charitable gift annuity with $10,000, you will receive $640 every year for the rest of your life. When that same charitable gift annuity is funded with $100,000, your lifetime income could be $6,400 annually. If you transfer $1,000,000 your income could rise significantly.
But what if you don’t want to invest cash? Smart investors are looking at assets they own that are underperforming. One idea is to exchange low interest earning CDs, stocks or municipal bonds for the generous fixed payment of a charitable gift annuity.
Talk to your financial advisor today about putting your assets to work for your future and the future of Prairie View. Prairie View is excited to partner with Everence to provide our donors with tools and calculators online to help you explore your legacy gift options.