Charitable Gift Annuity: Fixed Income for Life This simple contract provides fixed income for life for one or two individuals. Cash or securities can be gifted to fund a gift annuity. The minimum gift amount is $5,000. ADDITIONAL BENEFITS • Immediate charitable income tax deduction • Potential for a portion of income to be tax-free • Tax avoided on part of capital gain, if funded with appreciated securities • Income can be immediate (typically age 50 and older) or deferred For more information on gifts that pay you income, visit rochester.giftplans.org and click on “Ways to Give.” Single Life Two Life AGE PAYOUT AGE PAYOUT 60 5.2% 60-60 4.7% 65 5.7% 65-65 5.0% 70 6.3% 70-70 5.5% 75 7.0% 75-75 6.2% 80 8.1% 80-80 6.9% 85 9.1% 85-85 8.1% American Council on Gift Annuities rates as of January 1, 2024. PAYOUT RATES BASED ON AGE OF BENEFICIARY To calculate your personalized annuity rate, visit rochester.giftplans.org or contact us. These calculations are estimates of gift benefits; your actual benefits may vary. If you are considering a gift annuity and live in New York State, please contact us.
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