Your 2018 Taxes
with an IRA Gift.
  • Keep us thriving with your planned gift
  • Take advantage of numerous tax and financial benefits
  • Leave a legacy to be remembered by future generations
Text Resize
Print This
Email This
Request Illustration
Calculate Plan
Download Brochure

Deferred Gift Annuity

Deferred Gift Annuity
Several years ago, Larry and Allison invested $30,000 in what they believed to be an attractive stock. It turned out to be a very wise decision, as the stock increased in value to $100,000 within three years. Though they were not in need of additional income at the time, the couple decided to cash in on this growth.

Allison: We had a good year last year and we were looking for ways to maximize our deductions and reduce what we owed in taxes. At the same time, we were considering the best way to make a gift to our favorite charity.

Larry: We are both in good health. We are still working, so we don't need extra income right now, and retirement is still probably more than 10 to 15 years away. We were looking at smart ways to save for retirement. Our retirement goal is to live comfortably and travel the country in our motorhome to visit friends and family.

Allison: We met with a gift planner from our favorite charity. He explained the benefits of setting up a deferred gift annuity. He told us that we could give our stock to charity instead of selling it and receive an immediate charitable tax deduction. Plus, when we turn 65, the deferred gift annuity would make annual retirement payments to us for the rest of our lives.

Larry: We set up the deferred gift annuity and experienced the benefits Allison mentioned. We received a generous charitable tax deduction that produced immediate tax savings. When we retire, we can look forward to the annuity payment each year that will make our retirement travel possible. On top of all of this, the deferred gift annuity makes a portion of the income payments we receive tax-free.

Is a deferred gift annuity right for you?

If you are interested in a charitable gift annuity but don't have a present need for the annuity payout, a deferred charitable gift annuity could be the right gift for you. When you fund the annuity, you can decide when you want to begin receiving the payments.

Contact us if you would like to learn more about deferred annuities and how this gift could help you.

*Please note: The names and image above are representative of a typical donor and may or may not be an actual donor to our organization. Since your gift annuity benefits may be different, you may want to click here to view a color example of your benefits.

Print This
Email This
Request Illustration
Calculate Plan
Download Brochure

Contact Us

Cancer Research Institute | National Headquarters
29 Broadway, 4th Floor | New York, NY 10006-3111

(800) 992-2623(212) 832-9376Staff Directory
Rupinder Kaur
Phone: (212) 688-7515 ext. 241

© Copyright 2019 Crescendo Interactive, Inc. All Rights Reserved.

CRI is a 501(c)(3) charitable organization, so your donations are deductible for federal or state tax purposes as allowed by law.

This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.