Charitable Gift Annuity
A Charitable Gift Annuity (CGA) offers a unique opportunity to support the future of Jewish life while providing yourself or a loved one with a dependable source of lifetime income. Through a simple agreement with Chabad of the Caldwells, you make a charitable contribution and, in return, receive fixed payments for life.
A CGA may be funded with cash, appreciated securities, and in certain circumstances, other assets. Payment rates are determined primarily by the age of the beneficiary at the time the annuity is established. In addition to lifetime income, a charitable gift annuity may provide attractive tax advantages while creating a meaningful legacy for the Jewish community.
Current Single-Life Gift Annuity Rates*
| Age | Rate |
|---|---|
| 65 | 4.7% |
| 70 | 5.1% |
| 75 | 5.8% |
| 80 | 6.8% |
| 85 | 7.8% |
| 90+ | 9.0% |
*Rates are based on guidelines established by the American Council on Gift Annuities and are subject to change.
Benefits of a Charitable Gift Annuity
- Receive fixed, guaranteed payments for life.
- Enjoy a reliable income stream that is unaffected by market fluctuations.
- Benefit from potential charitable income tax deductions.
- A portion of your annuity payments may be tax-free.
- Fund your annuity with cash or appreciated securities.
- Simplify your charitable planning through an easy-to-establish giving arrangement.
- Create a meaningful gift that supports the mission and future growth of Chabad of the Caldwells.
- Leave a lasting Jewish legacy while providing financial benefits during your lifetime.
Please note that a Charitable Gift Annuity is irrevocable once established.
Our team would be pleased to work with you, your family, and your professional advisors to explore whether a charitable gift annuity aligns with your financial and philanthropic objectives.
For additional information, please contact us. We would be honored to help you create a lasting impact for future generations.
