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| Charitable Gift Annuities - Right for You? |
Richard Grunert of Elizabeth, Illinois tells us how he has utilized a charitable gift annuity with The Salvation Army.
"At 64 years old, I feel it is time to re-evaluate my financial goals. Since I worked hard for my money and invested wisely, I now would like to use it in the best possible way. Do I leave a sizable amount to my children or perhaps donate a large sum to charitable organizations? After all, I need money to enjoy retirement life.
I believe a Charitable Gift Annuity is my win-win solution. Since I have contributed to a Charitable Gift Annuity with The Salvation Army, my pension is supplemented with additional fixed monthly income.
I also received a nice charitable tax deduction in the year of my gift and I also pay reduced income taxes on my supplemental income. Perhaps more importantly, I have directed my donation for a specific purpose... The Salvation Army youth camp. Along with all the above reasons, I feel I am finally able to give something back to God, which is rightfully His.
For me, a Charitable Gift Annuity offers the best of all options."
For more information please select one of the following options:
1. If you would like to view a color presentation of a plan similar to Richard's, please click one of these buttons.
2. If you would like to see the rate for your age and your personal tax savings, then click here.
3. If you would like to request a printed illustration of a gift annuity with your payout rate, then click here.
4. You may print a gift annuity tri-fold brochure. Click Here.
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