Deferred Charitable Gift Annuity Illustrations



Compare the benefits of deferring charitable gift annuity income payments for five to ten years.

Some donors fund deferred charitable gift annuities to provide a stream of retirement income in later years. The following chart illustrates how funding a deferred charitable gift annuity with $10,000 every year for five years results in increasing retirement income. The income beneficiary will:

•  Receive a higher payout rate for each newly funded deferred gift annuity;
• Benefit from an additional charitable deduction; and
• Build retirement income.


Year Deferred Gift Annuity Funded*
Age
Charitable Deduction in Year Gift Funded*
Age When Income Payments Begin
Payout Rate
Annual Income From New Gift
Total Annual Income from Deferred Gift Annuities
2013
68
$4,179
73
6.4%
$640
$640
2014
69
$4,338
74
6.6%
$660
$1,300
2015
70
$4,511
75
6.8%
$680
$1,980
2016
71
$4,700
76
7.0%
$700
$2,680
2017
72
$4,901
77
7.2%
$720
$3,400

* Table shows benefits for gifts of $10,000 each year. Based on gift annuity rates effective as of January 1, 2012, which may change in the future. The charitable deductions may differ based on the effective IRS discount rate. Rates may vary based on state of residence.

Elderhostel follows the charitable gift annuity rates suggested by the American Council on Gift Annuities. Elderhostel charitable gift annuities are not available in all states. This information is not intended as legal or tax advice. We recommend that prospective donors seek the advice of their own legal counsel regarding a charitable gift annuity.
CONTACT US

Please contact our office for information on gifts that can help you support Elderhostel and lifelong learning and provide significant benefits to you.
Elderhostel Planned Giving
11 Ave de Lafayette
Boston, MA 02111
Phone: 877-737-0664 (toll free)
Email: PlannedGiving@roadscholar.org
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