Charitable Gift Annuity
A United Methodist Homes’ charitable gift annuity is a generous way to make a future gift to the Homes and/or your local United Methodist church
and receive high, fixed income for the rest of your life. This income is payable to one or two persons for the duration of their lives. This annuity
provides income much higher than CD’s, Treasuries, and most other investments as well as additional benefits.
A Charitable Gift Annuity is a
simple contract between you and the
Homes. We agree to pay a fixed rate for
life based on your age. A tax deduction
may be taken and distributed over six
years. Gifts of appreciated securities used
to fund the agreement will generate reportable
income and partial capital
gains. The annuity rate is guaranteed for
life and at the time of the annuitant’s
death, the residual will go to the Homes or your local church.
Examples of Gift Annuity Rates
Single Life
| Age |
Rate |
| 65 |
5.3% |
| 70 |
5.8% |
| 75 |
6.5% |
| 80 |
7.5% |
| 85 |
8.4% |
| 90+ |
9.8% |
To inquire and receive additional information about making a bequest, a gift annuity or other planned giving opportunities, call Beth Malkin at 973-300-5788, x1305 or bmalkin@bristolglen.org.