Guilford College Magazine - August 2020

Page 33

Secure Your Future by Making a Gift

CHARITABLE GIFT ANNUITY $100,000 | One-Life

Receive Fixed Payments for Life If you are concerned about your financial security given the ups and downs of the stock market, you may want to consider making a gift to fund a charitable gift annuity. You might be surprised by the benefits. You can exchange your low-performing stock, CDs or cash for guaranteed, lifetime fixed payments. If you make a gift of an appreciated asset, you will not have to pay capital gains when you fund the annuity. You may also benefit from a tax deduction this year and a portion of your payments could be tax-free. Plus, you are making a gift to Guilford College! You may designate how your gift is used to impact students. To learn more and receive a personalized Charitable Gift Annuity illustration, contact Ara Serjoie, Vice President for Advancement at serjoiea@guilford.edu or 336.316.2320.

Fixed Annual Age Payment Rate Annuity Deduction 70 4.7% $4,700 $37,648

75

5.4%

$5,400 $43,459

80 6.5%

$6,500 $47,831

85

$7,600 $54,526

7.6%

Charitable Gift Annuities may be funded with a minimum gift of $25,000. Rates as of July 2020.


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Guilford College Magazine - August 2020 by Guilford College Magazine - Issuu