December 7, 2018


Summary of Benefits


6.8% Deferred Gift Annuity

ASSUMPTIONS:


Annuitants
63
63

 

Ages at Date of First Payment [12/31/2026]
71
71


Cash Donated
$25,000.00


Payout Rate from ACGA2018 Table
6.8%


Payment Schedule
quarterly


BENEFITS:

Charitable Deduction
$9,708.75


Annuity
$1,700.00


Tax-free Portion
$776.90


Ordinary Income
$923.10

After 19.7 years from the year the payments begin, the entire annuity becomes ordinary income.

IRS Discount Rate for 12/2018 is 3.6%

These calculations are for illustration purposes and are not legal, accounting or other professional advice. Your actual benefits may vary depending on the timing of your gift.