Deferred Gift Annuity Plan
The Catholic Relief Services Deferred Gift Annuity plan is for one or two people ages 50 or older. The deferred lifetime income payments can begin anytime from age 60 onward—and you determine when you'd like the annuity payments to begin.
Each payment amount is based on age and the elapsed time between the date of the gift and the start of the annuity payment. This flexible gift annuity program will help build and diversify your retirement portfolio by providing:
- A high level of predictable future income, part of which is tax free
- Income that is guaranteed for life
- A charitable income tax deduction when you establish the gift
The following illustrates the benefits for a 55-year-old donor who gives $10,000 for a flexible gift annuity. The donor has selected to start payments at age 65.
| If Started at Age | Rate (%) | Annuity ($) |
|---|---|---|
| 65 | 6.4 | $ 640 |
| 66 | 6.8 | $ 680 |
| 67 | 7.0 | $ 700 |
| 68 | 7.4 | $ 740 |
| 69 | 7.8 | $ 780 |
| 70 | 8.2 | $ 820 |
| 71 | 8.8 | $ 880 |
| 72 | 9.2 | $ 920 |
| 73 | 9.7 | $ 970 |
| 74 | 10.4 | $1,040 |
| 75 | 10.9 | $1,090 |
You can use our online calculator to estimate the benefits you can enjoy with a CRS Deferred Gift Annuity plan.
We're here to help:
Tiffany Jackson, Planned Giving Associate
E-mail: tiffany.jackson@crs.org
Phone: 1-888-277-7575; at the prompt, dial extension 7324
