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Charitable Gift Annuity Illustration


Basic Gift Illustration

Summary of Benefits:  5.1% Charitable Gift Annuity

ASSUMPTIONS:

Annuitant - 70

Cash Donated - $10,000.00

Annuity Rate - 5.1%

Payment Schedule - quarterly at end


BENEFITS:

Charitable Deduction - $3,469.30

Annuity - $510.00

Tax-free Portion - $410.55

Ordinary Income - $99.45

After 15.9 years, the entire annuity becomes ordinary income.

 

Summary of Benefits: 4.6% Charitable Gift Annuity


ASSUMPTIONS:

Annuitants - 70     

Cash Donated - $10,000.00

Annuity Rate - 4.6%

Payment Schedule - quarterly at end

 

BENEFITS:

Charitable Deduction - $2,398.80

Annuity - $460.00

Tax-free Portion - $370.76

Ordinary Income - $89.24


After 20.5 years, the entire annuity becomes ordinary income.



IRS Discount Rate is 1.2%

These calculations are for illustration purposes only and should not be considered legal, accounting, or other professional advice.  Your actual benefits may vary depending on the timing of the gift.  

 

The following rate schedule can help illustrate payment you might enjoy from a CGA:

 

One Life 

Your
Age

Rate of
Return

50

3.7%

55

4.0%

60

4.4%

65

4.7%

70

5.1%

75

5.8%

80

6.8%

85

7.8%

90+

9.0%

Two Lives 

Your
Ages

Rate of
Return

50/55

3.3%

55/60

3.7%

60/65

4.0%

65/70

4.4%

70/75

4.8%

75/80

5.3%

80/85

6.1%

85/90

7.3%

90/95+

8.8%

 

The AAC offers free, customized illustrations to highlight the specific benefits you might receive from a charitable gift annuity.  It only takes a few minutes and there is never any obligation whatsoever. A CGA does not make sense for everyone, but in the right scenario it can be the perfect way to lend your support.  

 

To learn more, please contact us at 303-384-0110 or give@americanalpineclub.org