Lock In Your Capital Gains
As the leading stock market indicators continue to go up and down, but mostly up, many individuals are astounded at the rate of growth they have enjoyed. They also ask the question, How can I protect my capital gains?
The School of Arts and Sciences is pleased to offer a secure alternative—the charitable gift annuity. The gift annuity provides a way to lock in capital gains and take advantage of an attractive rate of fixed annuity payments.
Benefits include
• fixed income for the lives of one or two beneficiaries,
• annuity based on market value of assets contributed,
•a current income tax deduction,
• capital gains tax savings,
• low minimum gift of $10,000 per annuity,
• choice of monthly, quarterly, semiannual, or annual payments,
• significant, donor-directed support for the School of Arts and Sciences,
• annuity contract backed by the total assets of the University.
Sample Rate Chart for a $10,000
| AGE | RATE | DEDUCTION | ANNUNITY |
| 55 | 6.1% | $3,377 | $610 |
| 60 | 6.6% | $3,384 | $660 |
| 65 | 7% | $3,638 | $700 |
| 70 | 7.5% | $3,972 | $750 |
| 75 | 8.2% | $4,327 | $820 |
| 80 | 9.2% | $4,722 | $920 |
| 82+ | 9.5% | $4,995+** | $950 |
* Charitable deduction will vary slightly with changes in the federal discount rate.
** Annuities with an income beneficiary above 82 will receive a higher income tax deduction, depending on the age of the beneficiary.
Sample Rate Chart for a $10,000
Two Life Charitable Gift Annuity
| AGE | RATE | DEDUCTION* | ANNUITY |
| 55/55 | 5.8% | $2,878 | $580 |
| 60/60 | 6.3% | $2,677 | $630 |
| 65/65 | 6.6% | $2,861 | $660 |
| 70/70 | 6.8% | $3,309 | $680 |
| 75/75 | 7.3% | $3,641 | $730 |
| 80/80 | 8% | $4,047 | $800 |
| 85/85 | 9% | $4,490 | $900 |
For more information or a personalized illustration with no obligation, call Jean-Marie Kneeley at 215-898-5262.