Page 10 - Wilson Society Six Strategies - Spring 2023 | University of Rochester
P. 10
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
www.rochester.giftplans.org and click on “Ways to Give.”
PAYOUT RATES BASED ON AGE OF BENEFICIARY
Single Life Two Life
AGE PAYOUT AGE PAYOUT
60 4.9% 60-60 4.4%
65 5.4% 65-65 4.7%
70 5.9% 70-70 5.2%
75 6.6% 75-75 5.8%
80 7.6% 80-80 6.5%
85 8.7% 85-85 7.7%
To calculate your personalized annuity rate, visit
www.rochester.giftplans.org or contact us.
American Council on Gift Annuities rates as of January 1, 2023.
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.
