Deferred Gift Annuity

As a younger donor still in high-earnings years, you are still saving for retirement and also trying to lower your taxable income.



How It Works

  • You transfer cash or securities. Our minimum gift requirement is $25,000.
  • Beginning on a specified date in the future, you, or up to two annuitants you name began to receive fixed annuity payments for life.
  • St. Joseph’s Hospitals Foundation recommends that you are at least age 50 to fund the gift.
  • The remaining balance passes to St. Joseph’s Hospitals Foundation when the contract ends.

Benefits

  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
  • Payments are guaranteed and fixed, regardless of fluctuations in the market.
  • The longer you elect to defer payments, the higher your payment will be.


Contact Us

Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.

Explore More Gift Options

Charitable Gift Annuity →

Give a gift of cash or stock, recieve income in return.

Deferred Gift Annuity →

Younger donors can make a gift and lower taxable income.

Charitable Remainder Unitrust →

Maximum flexibility over gift plan investment, benefits.

Charitable Remainder Annuity Trust →

Flexibility to manage your gift; security of stable income.