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Deferred Gift Annuity
How It Works
You transfer cash or securities. Our minimum gift requirement is
$10,000
.
Beginning on a specified date in the future, you, or up to two annuitants you name began to receive fixed annuity payments for life.
N/a recommends that you are at least age 40 to fund the gift.
The remaining balance passes to n/a when the contract ends.
Benefits
Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
Payments are guaranteed and fixed, regardless of fluctuations in the market.
The longer you elect to defer payments, the higher your payment will be.
Next
More details on Deferred Gift Annuities
.
Frequently asked questions on Deferred Gift Annuities
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Contact us
so we can assist you through every step.
Suffield Academy 185 North Main Street Suffield, Connecticut 06078 Phone 860.386.4400 | Fax 860.386.4411